Import tax definition

Import tax or “Import duty” means a tax imposed on selected imported products, such as tobacco products;
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Import tax means an ordinary import, anti-dumping, countervailing or safeguard duty imposed in terms of the Customs Duty Act on goods imported into the Republic. Value-added tax imposed in terms of the Value-added Tax Act on goods imported into the Republic and all excise duties and levies imposed in terms of the Excise Duty Act on goods imported into the Republic, are also examples of import taxes
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Examples of Import tax in a sentence

  • Brazil encourages exports by offering a number of export-related incentives:● Import tax exemptions or reductions for imported materials (II) that are incorporated into exported products (Drawback);● Tax exemption or credit on different local taxes (ICMS, IPI, ISS, PIS and COFINS);● Special (low cost) financing arrangements.

  • The European Commission was initially considering four options for a CBAM design: 1) Import tax; 2) ETS extension; 3) Notional ETS with a separate pool of allowances; 4) Consumption tax (excise or VAT type).

  • Closing balance Opening balance Cost Allowance Cost Allowance and loan receivables - Receivables from employees851,613,738-1,818,360,138-- Advances to employees2,472,642,740-1,809,902,469-- Collaterals, deposits3,413,858,029-3,440,371,602-- Import tax refundable51,308,507,620-71,950,068,975--Rebates receivable from54,213,539,996-133,509,529,151-suppliers - Others19,116,248,489(34,409,000) 26,771,253,914(2,467,402,058)b.

  • For purposes of this section, "vested" means the Participant has either (a) reached the earlier of his Early Retirement Date or Normal Retirement Age or (b) terminated on account of Disability, Change of Control or Constructive Termination.

  • Retention time has a significant effect on the digester‘s performance.

  • Import tax revenue does not appear since this is a transfer between the domestic household and the government.

  • All delivery vehicles must access the company through ordinance 2 at the Address: Xxxxxxxxx Xxxx, 225 Vinhedo-sp, ZIP code 13280-000, and must present themselves at the ordinance bearing DANFE, Purchase Order Number or Collection Order or Note Import tax.

  • Emission tax Carbon taxEnvironmental taxEnvironmental protection tax Environmentally related tax system Environmentally related tax Other tax related to Environment Export & Import tax Other related taxBusiness income taxFigure 9 Future environmentally related tax structure of China The current Chinese system relies heavily on a fee-based system to regulate emissions and pollution control.

  • It includes the costs of insuring and shipping the product to the destination country.n Import tax or duty; import tax or duty can be quite substantial.

  • TD899 Dissertation (4 units)This course is designed for the practitioner-researcher, looking to develop their research, analytical, conceptual and critical thinking skills to the highest level and become innovators in their chosen fields of expertise.

Related to Import tax

  • input tax , in relation to a vendor, means—

  • VAT means value added tax.

  • Goods and Services Tax (GST) shall mean any tax payable on the supply of goods, services or other things in accordance with the provisions of GST Law.

  • Sales Tax means all applicable provincial and federal sales, use, value-added or goods and services taxes, including GST/HST;

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017;

  • GST means Goods and Services Tax charged on the supply of material(s) and services. The term “GST” shall be construed to include the Integrated Goods and Services Tax (hereinafter referred to as “IGST”) or Central Goods and Services Tax (hereinafter referred to as “CGST”) or State Goods and Services Tax (hereinafter referred to as “SGST”) or Union Territory Goods and Services Tax (hereinafter referred to as “UTGST”) depending upon the import / interstate or intrastate supplies, as the case may be. It shall also mean GST compensation Cess, if applicable.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Input Tax Credit means the credit of input tax;

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • GST Act means the A New Tax System (Goods and Services Tax) Act 1999 (Cth).

  • integrated tax means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act;

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property and (b) is complementary to a sales tax.

  • Applicable Tax Law means any Applicable Law relating to Taxes, including regulations and other official pronouncements of any Governmental Entity or political subdivision of such jurisdiction charged with interpreting such Applicable Law.

  • Other Tax means any Federal Other Tax, State Other Tax, or Foreign Other Tax.

  • Federal Tax means any Tax imposed under Subtitle A of the Code.

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • Sales Taxes has the meaning set forth in Section 3.2.

  • the Taxes Act means the Income and Corporation Taxes Act 1988;

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • VATA means the Value Added Tax Xxx 0000;

  • Applicable Tax State means, as of any date, (i) any State in which the Owner Trustee maintains the Corporate Trust Office, (ii) any State in which the Owner Trustee maintains its principal executive offices and (iii) any State in which the Servicer regularly conducts servicing and collection activities (other than purely ministerial activities) with respect to a material portion of the Receivables.