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Customs Glossary/Confiscation / Forfeiture

Confiscation / Forfeiture

Customs procedures

PL: Konfiskata towaru (przepadek) | DE: Beschlagnahme / Einziehung

Definition

Confiscation/forfeiture is a criminal or administrative measure transferring goods to State ownership due to customs, tax, or criminal law violations. It may be ordered for smuggling, duty evasion, counterfeiting, or sanctions violations.

Related Terms

Confiscation / Forfeiture — Customs Glossary | Celna24.com | Celna24.com