Import duty is a customs charge on imported goods under the applicable tariff system. In the EU, treatment and calculation depend on factors including classification, value and origin.[1]
Separate duty from import VAT and carrier charges in cost analysis. Changing supplier or origin may change the assessment even when the product's customer-facing name remains unchanged.
Content updated:
Sources
Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.