🔤 Ad Valorem Tarrif ✨
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URDU
🅰️
Roman Urdu:
malaiyat ke hisab se lagaya gaya mahsool / chungi
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ENGLISH
📚noun phrase
ad valorem tarrif
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PRONUNCIATION
Standard: /æd vəˈlɔːrəm ˈtærɪf/
Phonetic: /ad vuh lor um tar if/
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DEFINITION
a tax or duty levied as a fixed percentage of the assessed value of imported goods
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EXAMPLE SENTENCES
Customs authorities applied an ad valorem tariff of 15% on imported luxury electronics.
Importers calculated the total cost after including the ad valorem tariff.
Trade agreements often aim to reduce the percentage of ad valorem tariff rates.
The policy replacement shifted fixed duties toward an ad valorem tariff structure.
A high ad valorem tariff can discourage foreign goods from entering domestic markets.
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SYNONYMS
percentage duty proportional tariff value-based tax
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ANTONYMS
specific tariff flat fee fixed duty
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