Types of tariffs

Types of tariffs

1. special tariffs:-
   
   If duty is fixed on per unit import, then this duty is called special tariffs
   
2. Ad valorem tariffs :-
   
   If duty is fixed with some percentage on the total value of import include cost and transport charge then this duty is called Ad Valorem tariffs.
   
3. Silding scale tariffs
   It is duty which is related to price of commodity .If price increases , the tariffs will increase , if price will decrease duty will decrease.