1. The Importance of Customs Duties in International Trade
In the complex world of international trade, the customs duty process plays a vital role. In recent years, there has been a noticeable increase in the number of individuals engaged in e-commerce and e-export, thanks to rapid technological advancements. This development has significantly contributed to the rise of international orders and online shopping.
2. Customs Duties and Their Significance
Customs duties are an economic approach regulated among trading countries. A country's economy remains robust by levying taxes on products entering and exiting its borders. The country of entry collects the customs duty on goods or services. Companies and individuals purchasing goods from abroad are obligated to pay customs duties. During export, the tax to be paid varies from 20% to 30% according to customs laws. Additional taxes at a rate of 20% are imposed if the incoming products are listed in the 4th list.
05.07.2024