Meaning of “import duty” in the English Dictionary

business-english dictionary

"import duty" in Business English

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import dutynoun [ C or U ]

uk us also import levy, import tariff TAX, COMMERCE

a tax placed on goods coming into one country from another:

impose/raise/reduce import duties on sth The country has raised import duties on consumer goods.

(Definition of “import duty” from the Cambridge Business English Dictionary © Cambridge University Press)