Join / Sign In
< Back to questions :: Q&A / Export / Optical Products

Ad valorem

Export
Optical Products
From Germany
To United Kingdom
27 views / 0 experts
Jasmine G.
Not rated
Jan 19, 2021

What is Ad valorem? 

1 answer

Jan 19, 2021

Customs Duty is usually based on the customs value of goods and is usually calculated according to the value – 'ad valorem' in Latin. Most goods are taxed in this way, although sometimes different criteria are used such as weight, dimensions, quantity, or some other criteria. For instance, flour is taxed by weight and clocks are taxed by quantity.

read more
No comm.

Top Rated Experts

Ashwin Kamath
Ashwin K.
Imad Kassir
Imad K.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies