customs duty

Definition

› a tax paid on goods that are imported: The government is raising customs duties. Non-traditional exporters are exempt from customs duty and VAT on imports of machinery and equipment.

(Definition of customs duty noun from the Cambridge Business English Dictionary © Cambridge University Press)

+ Free Dictionary Toolbar for Browsers
+ Add Dictionary Search to iGoogle and your website

+ Become a fan on Facebook
+ Follow us on Twitter!

Browse the Thesaurus

Business
Clothes
Education
Finance
Light and colour
Personal care

Our dictionaries

British English
American English
Business English
Learner's Dictionary
Essential British English
Essential American English
English-Spanish
Español-inglés
English-Turkish

Browse the Dictionary

Customs and Excise noun
customs bond noun
customs clearance noun
customs declaration noun
customs drawback noun
customs duty noun
customs entry noun
customs noun
customs officer noun
customs specification noun
customs tariff noun

Word of the Day

honest-to-goodness

real or true

Word of the Day ►

Blog

Read our blog about how the English language behaves.

Learn More ►

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.