Is tax and duty the same?

Q: Is tax and duty the same?

<b>The main difference</b> between taxes and duties is that duties are a type of tax on goods entering or leaving a country while taxes are charges on almost all purchases. The import and export costs of a product are contributed to by both.

Question

The main difference between taxes and duties is that duties are a type of tax on goods entering or leaving a country while taxes are charges on almost all purchases. The import and export costs of a product are contributed to by both.

Hagrid P Hazard · Accepted Answer

The main difference between taxes and duties is that duties are a type of tax on goods entering or leaving a country while taxes are charges on almost all purchases. The import and export costs of a product are contributed to by both.

Is tax and duty the same?

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