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LSDefine

Simple English definitions for legal terms

duty on import

Read a random definition: soft goods

A quick definition of duty on import:

Import duty is a tax that is charged on goods that are brought into a country from another country. It is a way for the government to make money and protect local businesses from foreign competition. The amount of duty charged depends on the type of goods and their value. Import duty is paid by the importer of the goods and is usually included in the price that the buyer pays.

A more thorough explanation:

Definition: A tax on the importation of a product.

Example: When a company imports goods from another country, they may have to pay a duty on the imported products. For example, if a company imports shoes from China, they may have to pay a duty on each pair of shoes they bring into the country.

Explanation: Duty on import is a tax that is imposed on imported goods. The tax is usually a percentage of the value of the imported product or a fixed amount per unit. The purpose of the duty is to protect domestic industries from foreign competition and to generate revenue for the government. The example illustrates how a company may have to pay a duty on each unit of the imported product they bring into the country. This tax increases the cost of the imported product, making it less competitive with domestically produced goods.

duty of water | duty-to-defend clause

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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