Purchases by Consumers of Goods from Imported Sources Via the Internet

question 5

True/False

Purchases by consumers of goods from imported sources via the internet often attracts import duties.

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Definitions:

Written Notice

A formal notification provided in written form.

Bank Make Payment

The act of a bank processing a transaction and transferring the requisite funds from one account to another as instructed.

Confirmed in Writing

The process of documenting an agreement or decision on paper or electronically to provide a tangible record of the terms.

Midnight Deadline

A cutoff point often used in law and finance, indicating that transactions or actions must be completed by 11:59 PM to be considered valid for that day.