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Customs duty

In a nutshell

A customs duty is a tax charged on goods when they are imported.

On this page

Explained simply

The rate depends on factors such as the product, its origin and applicable agreements. Other taxes or fees may apply.

A practical example

Hypothetical example: a 10% duty on a customs value of CFA 500,000 amounts to CFA 50,000 before any other charges.

Further reading

Source: Banque de France — Glossary.

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What this means

On a CFA 500,000 customs value, duty is CFA 50,000 before other charges.

Educational scenarios. Amounts and rates are fictional, not current market conditions.

Is customs duty necessarily the only import cost?

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