Customs_Union Customs_Union

Customs Union - Definition
Related Words: Assessor, Capitation, Duty, Excise, Farmer, Gabelle

A customs union is a free trade zone with a common external tariff. That is, the same customs duties, quotas, preferences and so forth apply to all goods entering the area, regardless of which country within the area they are entering.

Examples of customs unions include the European Union, the EU-Turkey Customs Union, the Southern African Customs Union and the former Zollverein.

See also

Example Usage of Customs
capn_b: Queue for immigration features the usual long wait. Hope it's not supplemented by *another* random Customs pull, was 45 mins last time...
matheuswartjes: @OutOffMemory So Customs made it a very warm welcome back. Those watches were fakes I presume?
Taxindiaonline: DEPB obtained by fraud - Customs has jurisdiction to issue SCN - Fraud unravels all: Andhra Pradesh HC http://bit.ly/6qjA8X
Copyright 2009 WordIQ.com - Privacy Policy  :: Terms of Use  :: Contact Us  :: About Us
This article is licensed under the GNU Free Documentation License. It uses material from the this Wikipedia article.