Category: C

the term that applies to money or property that is exempt from duties, and customs taxes.

An invoice for commercial export that customs needs. It has the description, quantity, selling price, freight, insurance, and packing cost. The delivery terms and payment are also listed. It is how customs controls imports and exports.

These are the laws that govern the exemption or the payment of duties that are put on imported goods.

the lien or the right to hold property by a government on articles for which duty is due and has not been paid.

Certain particular customs, peculiar to that city, with regard to trade, apprentices, widows, orphans and a variety of other matters; contrary to the general law of the land, but confirmed by act of parliament. 1 Bl. Comm. 75.

A schedule that is updated for customs classifications, rates and other charges to keep the customes informed of changes. AKA tariff. Refer to harmonized commodity description and coding system.

In English law. A variety of copyhold estate, the evidences of the title to which are to be found upon the court rolls; the entries declaring the holding to be according to the custom of the manor, but it is not said to be at the will of the lord. The incidents are similar to those of common or pure copyhold. 1 Steph. Comm. 212, 213, and note.

When countires agree to get rid or trade barriers and lower duties on trade. It has an external tariff on imports from nonmembers. Movement of capital is restricted as well as labor of you are not a member of the agreement.

See INTERPRETATION

Imported goods value that is listed for customs. It helps decide the cost of duty and taxes. The transaction value method uses the cost the buyer incurs and other fees. The customs officer has final say. AKA import value.