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A customs duty is a tax imposed on goods imported into a country. Customs duties are typically imposed on a percentage of the value of the goods imported. This is the case with most goods imported into the United States.
The rate of customs duty varies from country to country and from product to product. Some goods may be exempt from customs duties altogether, depending on what trade agreements are in place between the U.S. and the exporting nation.
Customs duties are paid by the importer of the goods. The importer is responsible for declaring the goods to customs and paying the applicable duties. Customs officials inspect the goods to ensure that they are accurately declared and that the correct duty amount is paid.
At times, there may be a way to receive a refund on paid duties, especially when working with products from nations in a Free Trade Agreement (FTA) with the United States.
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