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IMPORT DUTY

(noun)
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Definitions

There is 1 meaning of the phrase Import Duty.

Import Duty - as a noun

A duty imposed on imports

Example Sentences

"The government imposed a high import duty on luxury cars."
"The company had to pay a substantial amount as import duty on raw materials."
"The import duty on electronic devices increased by 10%."
"The finance ministry announced changes in the import duty structure to promote local manufacturing."
"The import duty rates vary depending on the classification of the imported goods."
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