„Consumption Entry“
What does Consumption Entry stand for?
(USA) A “consumption entry” is the filing with Customs in proper form of an “entry summary for consumption” on imported goods , and payment of estimated duties, taxes, and fees, if any, resulting in the release of the goods by Customs. When the release is unconditional, the importer may dispose of the goods.
Source:
Customs and TariffsView all itemsSmith, J. (2003). Understanding International Trade Law. New York: Routledge.
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