Customs debt
Also called: gümrük yükümlülüğü
The legal obligation to pay import or export duty on specific goods. It arises at the moment a declaration is accepted for release for free circulation or another procedure, or when obligations are breached, for example through unlawful introduction or removal from customs supervision. The law identifies the debtor and when the debt is extinguished.
In practice
A debt can arise from mistakes as well as from declarations, so breaches under special procedures can create duty liability for goods you never intended to import.
EU
Türkiye
UKRelated terms
- Customs duty
- A tax levied on goods when they cross a customs border, most often on import. It is calculated from the tariff classification, the origin and either…
- Customs guarantee
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- Repayment and remission
- The return of duty already paid, or the waiver of duty not yet paid, in cases set by law, such as amounts overcharged, defective goods rejected by…
- Union Customs Code
- The framework regulation for EU customs law, applicable since 1 May 2016, setting rules on customs debt, valuation, origin, procedures and electronic…