South Asia Compared by Economy > Trade > Imports > Customs and other import duties > Current LCU
DEFINITION:
Customs and other import duties (current LCU). Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
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