Customs debt definition

Customs debt means the obligation on a person to pay the amount of import or export duty which applies to specific goods under the customs legislation in force;
Customs debt means the obligation on a person to pay the amount of the import duties (customs debt on importation) or export duties (customs debt on exportation) which apply to specific goods under the Community provisions in force.
Customs debt means a payment obligatory on a person, on account of customs duty, charges (haq ul zamat), dues (awarez), penalties (jerima), and any other monetary obligations (eltezamat e puli) that apply to specific goods or actions under customs legislation.

Examples of Customs debt in a sentence

  • This is because a debt shall not be notified to a debtor after a period of 3 years has passed from the date on which the Customs debt was incurred.

  • The Customs debt on Afghan goods exiting the free zone free warehouse, or duty free shop into another part of the customs territory of the State shall be calculated in accordance with Article 119.

  • Customs debt on exportation shall be incurred through failure to comply with the conditions under which the goods were allowed to leave the customs territory of BiH with total or partial relief from export duties.

  • The amount of customs duty paid (if any) when the goods were originally entered is to be deducted from the Customs debt incurred.

  • Customs debt at importation90.(1) Unless otherwise provided in this Act, a customs debt at importationshall be incurred where goods liable to import duties are placed under a customs procedure.(2) The customs debt shall be incurred on acceptance of the customsdeclaration, and the importer of the goods shall be the debtor.


More Definitions of Customs debt

Customs debt means an obligation on a person to pay the amount of the import duties (customs debt on importation) or export duties (customs debt on exportation) which apply to specific goods under the legislation in force of the Republic of Serbia;
Customs debt means the obligation on a person to pay the amount of the import/export duties, which apply to specific goods under BiH provisions in force.
Customs debt means the amount of import or export duties and all related import taxes calculated under the Customs and Tax legislation in force.
Customs debt means the obligation on a person to pay the amount of the import duties (customs debt on importation) or export duties (customs debt on
Customs debt means the obligation on a person to pay the amount of the import duties (Customs debt on importation) which apply to specific goods under the Union customs legislation in force. (Article 5(18) UCC)
Customs debt means the obligation of a person to pay the amount of the import duties, taxes or levies or export duties, taxes or levies which apply to specific goods under the provisions in force;
Customs debt means the obligation of a person to pay import or export duties to the customs authorities in the importation or exportation of goods;