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e-Innovation Centre, Priorslee, Telford, United Kingdom TF2 9FTCopyright 2020 (C) Dutycast. All rights reserved.
Resources - Glossary
A
Ad Valorem Tariff
An ad valorem tariff is a customs duty levied based on the value. Ad valorem tariffs are expressed as a percentage of the value of goods cleared through customs. For example 15% of CIF value.
Source: International Trade Centre, United Nations & World Trade Organization.
Copyright 2020 (C) Dutycast. All rights reserved
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e-Innovation Centre, Priorslee, Telford, United Kingdom TF2 9FT
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