Definition of Duty-Free Imports:
Duty-free imports refer to the specified items and categories, as determined by the government, that are exempt from tax or duty charges when transported into a country. These types of imports are deemed beneficial for both the countries and consumers alike, as they help to lower the cost of products and increase international trade. This exemption of taxes or duties can include various items ranging from alcohol, tobacco products, perfumes, and other luxury goods. Duty-free imports are typically limited to a specific quantity and must meet the criteria set by the importing country’s government regulations. The concept of duty-free imports is particularly common in airports, where passengers can purchase items before leaving the country of origin and bring them into the destination country without paying taxes or duties.
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