TONNAGE DUTY

(noun)

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There is 1 meaning of the phrase Tonnage Duty.

Synonyms (Exact Relations)

"The tonnage duty on imported goods has increased by 15%."

"Shipping companies are liable to pay tonnage duty based on the weight of their vessels."

"The government imposed tonnage duty on foreign ships entering the port."

"The tonnage duty for certain commodities is higher than others."

"The shipping industry is concerned about the potential rise in tonnage duty."