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What is import duty? Import duty is a tax that is levied on goods that are brought into the country from abroad. Unlike VAT, duty is not reclaimed during the normal course of business, so it should be accounted for in the cost of the goods when you are making your purchasing decisions. Depending on …

A comprehensive survey of global logistics firms and goods manufacturers has revealed unprecedented geopolitical disruption, complex customs regulations, lack of internal expertise and capacity and the impact of AI as the main challenges they face in their daily trading environment.  The survey, …