Tariff is a tax levied by the customs of a country on imported and exported goods passing through its customs territory in accordance with the laws of that country.
Tariffs are generally a high-level tax with a specified rate by the highest administrative unit of the country, and are often the main source of revenue for countries with well-developed foreign trade and even for the national treasury. Governments can impose tariffs on both imported and exported goods, but import tariffs are the most important and are the main trade measure.
The role of national tariffs:
1, safeguarding national sovereignty and economic interests
2, protecting and promoting the development of national industrial and agricultural production
3, regulating the national economy and foreign trade
4, mobilizing national revenue
Extended information:
Late payment of customs duties< /p>
Late payment of customs duties refers to the taxpayers who have not fulfilled their obligations to pay customs duties within the deadline for payment of customs duties, by the Customs and Excise Department of a certain percentage of the taxable amount of the obligation to pay the monetary administrative action.
The purpose of the late payment fee is to make the late payment of customs duties by making the taxpayer to undertake a new monetary payment obligations, to promote its early fulfillment of its customs duties.
Late payment fees are levied at the rate of five ten-thousandths of one percent of the total amount of tax paid on a daily basis from the date of the expiration of the deadline for the payment of customs duties until the date of payment of customs duties by the taxpayer, with no deduction for weekends or legal holidays. The specific formula is:
The amount of late payment of customs duties = the amount of late payment of customs duties × the rate of late payment of taxes × the number of days of late payment
References: