Glossary

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It refers to the tax or charges imposed by the government on goods that are exported to other countries. In India, it is a kind of indirect tax. The kind, value, country, and other factors are used to compute the duties of a product.

Related Glossaries

Weight Freeze

Weight Freezing is a way to avoid weight disputes of shipments. Sellers can freeze the weight of their shipment by providing the dimensions of a shipment.

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Payment failure

Payment failure in e-commerce refers to a situation where a customer's attempt to make a payment for a product or service on an online store is unsuccessful or declined. Payment failures can occur for various reasons, and they are a common challenge that e-commerce businesses need to address to ensure a smooth and successful transaction process.

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Mid mile logistics

Mid-mile delivery, also referred to as second mile delivery, involves transporting goods from a warehouse or distribution center to a fulfillment facility. In essence, this process entails moving products from a storage facility to a location where they can be briefly held and then dispatched to customers. The mid-mile process typically involves two primary entities: storage facilities and fulfillment centers.

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Import Duty

It refers to the tax or charges imposed by the government on goods that are imported from other countries. Import duty depends on multiple factors such as the type and value of goods. Import duty is one of the major sources of revenue for the government and saves local businesses from extreme international competition.

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