What is Customs Duty?

Customs becomes the central security, checking, as well as legalize of any goods shipping from domestic or international. CBP is one of Department of Homeland Security in United State of America. This department has a very important duty, namely to keep the security safety of any aspects such as trade and travel. Yet, the major duty of CBP is to secure the United State from terrorism. CBP has a hundred regulations on its trading security and facilitation. Like in customs duty, if you are retailers, e-commerce or wholesalers, you have to realize and consider the customs duty of your goods shipment. What customs duty is? It is tariff of shipment.

Actually, there are many types of tariffs. Each of them has different characteristic. Some of them are Specific tariff, Revenue tariff, Prohibitive tariff, Protective tariff and Retaliatory tariff. In 20^th century, tariff known as tax levied on either export or import, where it specifies on tariff commission, which obtained from the government or local authority. Customs duty here has very significant and important rules. The reason is that by following the best customs duty, your business will be running well because everything is on the legal law. Once more, it is very important to you to know and understand each types of tariff, so you will not get financial loss. Besides, the best customs duty will carry your business on the top profits.