Dutiable - English Definition & Meaning

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Definition

"Dutiable" refers to goods or items on which customs duties or taxes are required to be paid when imported or exported. It means that these items are subject to tariffs. Think of buying a product from another country. It’s like paying a toll when crossing a border. Dutiable items contribute revenue for the government. The concept enforces trade regulations and revenue collection.

Etymology

"Dutiable" comes from the word "duty" with the suffix "-able." "Duty" originates from the Old French "du," which means "what is due." The suffix "-able" signifies capability or suitability. Thus, "dutiable" means capable of being subjected to duty or tariff.

Related Words

Examples

  • "These imported goods are dutiable and subject to customs fees."
  • "The company must declare all dutiable items upon arrival."
  • "Certain luxury items are dutiable at a higher rate."
  • "The trader was fined for failing to declare dutiable goods."

Anecdote / Story

Imagine you're trying to import rare collectibles from Japan, but customs officials tell you that the items are dutiable. 😫 You have to pay a hefty fee before you can receive your precious cargo. You research trade agreements to see if there are ways to reduce the duty charges. The world of international trade can be complicated.

Encouragement

Don't be caught off guard by dutiable items. Do your research before importing or exporting goods. Understanding duty regulations can save you money and hassle. πŸŽ‰βœ¨

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