MLchartDataset catalogue

Import duty

Term · Logistics and supply chain · MLC-T-LOG-000142

A tax levied by a government on goods imported into a country, typically calculated as a percentage of the goods' value or a specific amount per unit. This duty serves to generate revenue for the government and to protect domestic industries from foreign competition. The specific rate depends on the type of goods and the country of origin, as determined by the Harmonized System.

Table 1. Record
IdentifierMLC-T-LOG-000142
FieldLogistics and supply chain
Record as JSON 
{
  "id": "MLC-T-LOG-000142",
  "term": "Import duty",
  "field": "Logistics and supply chain",
  "definition": "A tax levied by a government on goods imported into a country, typically calculated as a percentage of the goods' value or a specific amount per unit. This duty serves to generate revenue for the government and to protect domestic industries from foreign competition. The specific rate depends on the type of goods and the country of origin, as determined by the Harmonized System.",
  "url": "https://mlchart.com/terminology/logistics/import-duty/"
}

Record 153 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.