A tax added to the value of goods that are imported is called a tariff. The United States allows some countries to send goods to the United States without paying a tariff.
Expanded value added tax is a form of sales tax that is assessed on the sale of goods or services of items imported into the Philippines. It is considered a consumption tax and is currently at 12 percent.
Import duty.
Yes, a tariff is a tax on imported goods. The tax is added to the cost of the goods making them more expensive.
The GCT is a value added tax, it is applied on the value added to goods at each stage of the production/distribution chain, It is applied to both imported and locally bought goods, GCT has consolidated several taxed such as stamp duty and excise duty.
Tariff best describes a tax paid on imported goods.
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tax on imported goods
imported goods
Import tax
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A Tariff
A tariff