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The Hong Kong Customs and Excise Department [1] (C&ED; commonly known as the Hong Kong Customs) is the customs service of the Hong Kong Special Administrative Region. The agency was established to protect Hong Kong from smuggling, ensure the collection of duties on taxable goods, detect and prevent drug trafficking and abuse, safeguard ...
The level of customs duties is a direct indicator of the openness of an economy to world trade. However, there may also be import barriers that are not based on the levy of duties. The following table shows the tariff rate, in percentages, according to United Nations Conference on Trade and Development (UNCTAD) , [ 1 ] World Trade Organization ...
The IRD is responsible for the administration of the following Hong Kong ordinances on taxes and duties and the related rules and regulations: Betting Duty Ordinance Cap.108; Business Registration Ordinance Cap.310; Estate Duty Ordinance Cap.111; Hotel Accommodation Tax Ordinance Cap.348; Inland Revenue Ordinance Cap.112; Stamp Duty Ordinance ...
Consular missions in Hong Kong. Hong Kong Economic and Trade Office; Hong Kong–United Kingdom relations; Hong Kong–United States relations; Hong Kong–Philippines relations; Hong Kong–Singapore relations; Hong Kong–China relations. Hong Kong Liaison Office; Office of the Government of the HKSAR in Beijing; Mainland and Hong Kong Closer ...
In Hong Kong, it is IRD's general practice to issue Employer's Returns to Hong Kong Company in every April in the year. The employer is obliged to file the form within 1 month from the date of issue in order to notify IRD the amount of wages, salaries and other kinds of remuneration paid to the employees during the year of assessment ending 31 ...
The Commissioner of Customs and Excise (Chinese: 海關關長) is the head of the Hong Kong Customs and Excise Department, which is responsible for monitoring the movement of goods into and out of Hong Kong, customs and excise, duties and investigation of pirated products.
A customs duty or due is the indirect tax levied on the import or export of goods in international trade. In economics a duty is also a kind of consumption tax. A duty levied on goods being imported is referred to as an 'import duty', and one levied on exports an 'export duty'.
Customs duties vary by country of origin and product, with duties ranging from zero to 81% of the value of the goods. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source. Customs rules differ from other import restrictions.