Which tariff is calculated on the basis of specific contents of the imported goods (duties are payable by its components or related items)?

CA Foundation · Business Economics · PYQS · January 2025
Which tariff is calculated on the basis of specific contents of the imported goods (duties are payable by its components or related items)?
(A) A. Compound tariff
(B) B. Mixed tariff
(C) C. Ad valorem tariff
(D) D. Technical tariff

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Compound tariff

Topics: International Trade

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