You are in safe hands with us
Home > Jargon Explained > Freight Forwarding Terms > Customs Duty
Customs Duty is charged by H M Revenue and Customs (HMRC) on goods imported into the European Union (EU). It is based on the value and type of the imported goods. Other charges, like Anti-Dumping Duty (ADD), Common Agricultural Policy (CAP), Excise Duty and Import VAT may also apply.
Danish Exports have declined overall during the last year due to Covid 19, but new figures from Statistic Denmark show that exports are increasing for the second month in a row. Higher export sales to China and the United States ...Read More
Tags: China, exports, USA
Improved global demand is expected to have kept China's exports buoyant in March, while higher oil prices will have boosted its imports, a Reuters poll showed. Exports are expected to have risen 35.5% in March from a year earlier, according ...Read More
Tags: China, exports, imports
Total fruit imports to the USA rose by 9 percent year-on-year in February, largely driven by fresh berries. The growth in fruit imports - which includes fresh, frozen, processed and juice - to $2 billion included strong increases in fresh ...Read More
Tags: imports, USA
Following a survey by the British Chambers of Commerce, suggesting that exports from the UK are falling after Brexit, a Government spokesman said: “The Trade and Co-operation Agreement is the first free trade agreement the EU has ever reached based ...Read More
Tags: Brexit, exports