What is Duty? | KlearNow Trade Glossary

Duty

What is Duty?

Duty is the tax CBP collects on imported goods. The amount depends on the HTS classification, the customs value, the country of origin, and any applicable trade remedies (Section 301, antidumping, countervailing) or preferential programs (USMCA, GSP).

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IEEPA Refunds page

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