HomeFAQDuties, Tariffs & CustomsCustoms & Duty FundamentalsWhy Are Customs, Duties and Tariffs Described as 3 Separate P&L Charges?

Why Are Customs, Duties and Tariffs Described as 3 Separate P&L Charges?

People often say “customs, duties, and tariffs” together because they’re related but not identical: customs is the process and authority; tariffs are the published duty rates; and duties are the actual fees charged based on the tariff rate, HS code, and declared value.

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