ad valorem duty

Ad valorem refers to a duty or charge in customs or transport that is calculated as a percentage of the value of the goods or shipment.

An Ad Valorem Duty is a tax or tariff on imported goods assessed as a percentage of the item's value. The duty amount varies according to the declared...

The party designated to calculate, declare, and pay duties and charges (such as customs duties, taxes, and levies) related to a shipment or transport ...

A governmental levy imposed by customs authorities on goods brought into a country. It is payable at the border by the importer and serves to protect ...

Export duty (also known as exit customs duty) is a customs levy imposed on goods when they leave a customs territory, particularly upon export from a ...

An import charge assessed on goods brought into a country, typically including customs duties, import value-added tax, and other import-related fees.