Specific Duty
A tariff calculated as a fixed dollar amount per unit of quantity (e.g., $2.50 per kilogram) regardless of the goods' value.
Frequently Asked Questions
What is Specific Duty?
A tariff calculated as a fixed dollar amount per unit of quantity (e.g., $2.50 per kilogram) regardless of the goods' value.
Why is specific duty important for US importers?
Understanding specific duty is essential for importers to correctly classify goods, calculate duties, and maintain compliance with US Customs and Border Protection (CBP) regulations.