Goods brought into a country that are placed in a bonded warehouse until all duties are paid.
An authoritative agency dedicated to regulating the import and export of goods, ensuring compliance with laws, and collecting duties and taxes on imports.
Customs and Excise refer to government agencies responsible for collecting taxes on goods imported into or exported out of the country, as well as enforcing regulations related to these activities.
In various contexts, 'declare' means to announce formally or officially. It has distinct applications in finance, importation, and taxation.
International law governs the relations of nations with one another, arising principally from international agreements or customs. It includes both public and private law, regulating political relationships and enforcement of foreign rights respectively.
