What is another word for import duty?
Pronunciation: [ɪmpˈɔːt djˈuːti] (IPA) 
Import duty, which also known as customs duty, refers to a tax imposed on imported goods by a country's government. It is a charge that is placed on goods that are brought in from other countries and is designed to protect the domestic economy and encourage local production. Some synonyms for import duty include tariff, excise tax, customs charge, import tax, import fee, and import levy. Additionally, in some instances, the term "export duty" may be used to refer to the tax placed on goods that are being exported out of a country instead of being imported. Regardless of the term used, the idea behind such a duty is to regulate trade and protect a country's economic interests.
