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A customs territory is a geographic territory with uniform customs regulations and there are no internal customs or similar taxes within the territory. Customs territories may fall into several types: A sovereign state, including a federation; A trade bloc that has a customs union; An autonomous or dependent territory that is granted by the ...
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
The definition should be understood in meaning The International Convention on the Simplification and Harmonization of Customs Procedures (Revised Kyoto Convention) uses the term “free zones” which the revised convention describes as “a part of the territory of a Contracting Party where any goods introduced are generally regarded, insofar as import duties and taxes are concerned, as ...
Customs declaration used for parcels. When an individual is transporting the goods, the form is called a customs arrival card, or a landing card, or an entry voucher. The traveller is required to fill out the form, sign and submit to the customs or border protection officer before entering the country. [3]
Capital territory or federal capital territory, usually a specially designated territory where a country's seat of government is located. As such, in the federal model of government, no one state or territory takes pre-eminence because the capital lies within its borders. A capital territory can be one specific form of federal district.
A customs union is generally defined as a type of trade bloc which is composed of a free trade area with a common external tariff. [ 1 ] Customs unions are established through trade pacts where the participant countries set up common external trade policy (in some cases they use different import quotas ).
Akrotiri and Dhekelia, a British territory, is partially integrated with Cyprus in the areas of agriculture, currency, customs, indirect taxation, social security and border control. Gibraltar , also a British territory , is in negotiations with the EU for an arrangement to participate in the Schengen Area and (with exceptions) the Single ...
A customs officer in Amsterdam Airport Schiphol checks the luggage of an incoming traveler. Vienna Convention road sign for customs. Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country.
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