CUSTOMS DECLARATION Meaning and
Definition
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Customs declaration refers to a formal statement or document provided by an individual or entity to customs authorities at a port of entry or exit. It is used to provide detailed information about the goods being imported or exported and is a legal requirement in most countries. The purpose of a customs declaration is to enable customs officials to assess the items being brought into or taken out of a country and to determine their eligibility for entry or exit, as well as to verify the correct payment of duties, taxes, and compliance with regulatory measures.
A customs declaration usually includes information such as the name and address of the declarant, a detailed description of the goods being declared, their quantity, value, country of origin, and other relevant information. It may also require the submission of supporting documents, such as invoices, bills of lading, permits, or licenses. The accuracy and completeness of the customs declaration are crucial, as any false or misleading information can lead to delays, penalties, or potential seizure of the goods.
Customs declarations play a vital role in facilitating international trade and ensuring compliance with customs laws and regulations. They help customs authorities in identifying prohibited or restricted goods, preventing smuggling, enforcing trade policies, and protecting national security. Additionally, customs declarations contribute to the collection of customs duties and taxes, which are essential for generating revenue and maintaining the economic stability of a country.
Common Misspellings for CUSTOMS DECLARATION
- xustoms declaration
- vustoms declaration
- fustoms declaration
- dustoms declaration
- cystoms declaration
- chstoms declaration
- cjstoms declaration
- cistoms declaration
- c8stoms declaration
- c7stoms declaration
- cuatoms declaration
- cuztoms declaration
- cuxtoms declaration
- cudtoms declaration
- cuetoms declaration
- cuwtoms declaration
- cusroms declaration
- cusfoms declaration
- cusgoms declaration
- cusyoms declaration
Etymology of CUSTOMS DECLARATION
The word "customs" comes from the Latin word "consuetudo", which means "habit" or "custom". It entered Old French as "costume", and eventually made its way into English as "customs". The term "declaration" has its roots in the Latin word "declaratio", which means "an explanation" or "a proclamation". In the context of customs declaration, it refers to the act of providing information or declaring items when passing through customs. Therefore, the etymology of "customs declaration" can be traced back to Latin and Old French roots, emphasizing the act of explaining or declaring customs or habits.
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