ad valorem duties
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AD VALOREM DUTIES V/S SPECIFIC DUTIES
AD VALOREM DUTIES V/S SPECIFIC DUTIES: 1) Meaning: They are expressed or fixed as a percentage of the CIF price of the goods imported. They are expressed or fixed as a specific amount of currency per unit of weight or volume. 2) How imposed? Here, duty is on the CIF price as well as on...- abhishreshthaa
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- ad valorem duties duties import export notes specific specific duties trade duties v or s valorem
- Replies: 2
- Forum: Export - Import Procedures Notes