Customs and Excise

Customs and Excise refer to government regulations and duties related to the movement of goods across borders. Customs involves the inspection and taxation of imported goods to prevent illegal activities and ensure proper tariffs are paid. Excise duties are specific taxes imposed on particular goods, such as alcohol or tobacco, produced or consumed within a country. Both are designed to control trade, protect domestic industries, and generate revenue for the government. Essentially, Customs and Excise help manage what enters a country and ensure that consumers pay appropriate taxes on certain products.