import duty - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “import duty”

import duty

noun [C or U]
 
 
( 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. subject to/exempt from import duty
(Definition of import duty from the Cambridge Business English Dictionary © Cambridge University Press)
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