Significance of Duty-free

According to Arthashastra, the term duty-free refers to goods that are exempt from taxation. This typically applies to essential items or imports that have received state approval. The concept emphasizes the facilitation of trade by eliminating additional financial burdens on certain goods, thereby promoting accessibility and affordability for consumers.

Synonyms: Tax-free, Customs-free, Tax-exempt

The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.

Hindu concept of 'Duty-free'

The concept of Duty-free in scientific sources