De Minimis value is the value of goods that can be imported into a country without being subject to duties or taxes. In other words, if you buy goods from a foreign country and the item's value is less than a certain amount, your items will be exempt from import duties and taxes. De Minimis is not unique to the United States. Many countries have their own charges and values. The main objectives of the De Minimis Value are to help small businesses by exempting low-value shipments from costly...

Like any other country, Ghana has import duties on goods entering the country. If you are thinking of importing goods, it is important to familiarise yourself with the import duty rates. What is import duty? Import duty is a tax collected by government customs authorities on the value, including freight and insurance, of imported goods. In Ghana, import duty is calculated for goods entering the country and is assessed based on customs value, including the item's cost, insurance, and...