この商品は免税品です。

この商品は免税品です。

The goods are exempt from taxes.

この商品(しょうひん)は免税品(めんぜいひん)です。

Kono shōhin wa menzeihin desu.

此の (この)

this (something or someone close to the speaker (including the speaker), or ideas expressed by the speaker)

商品 (しょうひん)

commodity; article of commerce; goods; stock; merchandise

は (は)

topic marker particle; indicates contrast with another option (stated or unstated); adds emphasis

免税品 (めんぜいひん)

duty-free articles

です (です)

be; is

Readings: ショウ、あきな.う

Meanings: make a deal, selling, dealing in, merchant

Readings: ヒン、ホン、しな

Meanings: goods, refinement, dignity, article, counter for meal courses

Readings: メン、まぬか.れる、まぬが.れる

Meanings: excuse, dismissal

Reading: ゼイ

Meanings: tax, duty