International Trade Law Specialists.

Glossary of Terms

Variable Duty

A variable duty is a duty relating the customs duty collection to the price of the imported products.  For example, a variable duty could be the price difference between the unit value of the imported product and the unit value of the equivalent product produced domestically in the import market.  If the price of the imported goods is lower than the internal price, a variable duty is levied.

Variable Levy

See VARIABLE DUTY.