What are Duties and Taxes?
Learn the fundamental difference between Duties and Taxes when shipping worldwide and understand if you are always obliged to pay duties and taxes immediately.
The calculation of Duties depends on the asses-sable value of a dutiable shipment.
For the purpose of this calculation, dutiable goods are given a classification code that is known as the Harmonized System code. This system has been assigned by the World Customs Organization and continues to evolve.
Taxation across borders
Taxes are imposed on goods when they are moved across a political boundary (although some free trade zones exist around the world).
Taxes are usually associated with protectionism, the economic policy of restraining trade between nations.
Taxes are usually imposed on imported goods, although at times may also be imposed on exported goods.
Who is responsible for payment?
The payment of Duties and Taxes are the responsibility of the receiver,