duty on imports
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duty — du·ty n pl du·ties [Anglo French deuté indebtedness, obligation, from deu owing, due, from Old French see due] 1: tasks, service, or functions that arise from one s position performing a police officer s duties; also: a period of being on duty… … Law dictionary
Duty-free shop — Duty Free redirects here. For the British sitcom, see Duty Free (TV series). A typical duty free store, at Zürich Airport … Wikipedia
duty-free — ˌduty ˈfree adjective TAX duty free goods can be bought without paying tax on them, for example at ports and airports when you are travelling abroad: • The drop in air traffic is expected to cut into duty free perfume sales. • the airport s duty… … Financial and business terms
duty — [do͞ot′ē, dyo͞ot′ē] n. pl. duties [ME duete < Anglo Fr dueté, what is due (owing): see DUE & TY1] 1. the obedience or respect that one should show toward one s parents, older people, etc. 2. conduct based on moral or legal obligation, or a… … English World dictionary
duty — late 13c., from Anglo Fr. duete, from O.Fr. deu due, owed; proper, just, from V.L. *debutus, from L. debitus, pp. of debere to owe (see DEBT (Cf. debt)). Related: Duties. The sense of tax or fee on imports, exports, etc. is from late 15c.; duty… … Etymology dictionary
duty free — adj. Not subject to tax on imports or exports; see also customs The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
duty — A tax on imports, exports, or consumption goods. Bloomberg Financial Dictionary There are two main types of duty collected by HM Customs and Excise: one is import duty , which is duty charged on goods imported into the European Union ( EU); and… … Financial and business terms
Duty Entitlement Pass Book — DEPB (Duty Entitlement Pass Book ) is an export incentive scheme of Indian Government provided to Exporters in India.[1] Duty Entitlement Pass Book Scheme in short DEPB is an export incentive scheme. Notified on 1/4/1997, the DEPB Scheme… … Wikipedia
duty — du|ty [ duti ] noun *** 1. ) count or uncount a legal or moral obligation: He has a duty under the terms of his contract to pay rent. be someone s duty to do something: It is your duty as a parent to protect your children. owe/have a duty to… … Usage of the words and phrases in modern English
duty — I. noun (plural duties) Etymology: Middle English duete, from Anglo French deueté, dueté, from deu due Date: 13th century 1. conduct due to parents and superiors ; respect 2. a. obligatory tasks, conduct, service, or functions that arise from one … New Collegiate Dictionary
imports — Goods or services purchased from another country. See import duty; import quota; import restrictions … Big dictionary of business and management
