 | George Washington Hull - Arithmetic - 1895 - 408 pages
...Specific Duty is a fixed tax on goods without regard to their cost. An Ad-valorem Duty is a certain per cent. of the cost of the goods in the country from which they are imported. Tare is an allowance made for the weight of the box, cask, etc. containing the goods. Breakage is an... | |
 | James Alexander McLellan, Albert Flintoft Ames - Arithmetic - 1897 - 368 pages
...called Duties, are levied by the general government on imported goods. An Ad Valorem Duty is reckoned at a certain rate per cent of the cost of the goods in the country from which they have been imported. A Specific Duty is a fixed charge on the quantity of goods without reference to... | |
 | Edwin Crawford Hewett - Arithmetic - 1897 - 370 pages
...other countries. Duties are of two kinds, ad valorem and specific. (a) Ad valorem duty is a certain per cent of the cost of the goods in the country from which they are imported. (b) Specific duty is a sum imposed upon goods according to the quantity, but without regard to their... | |
 | Edwin Crawford Hewett - Arithmetic - 1897 - 376 pages
...other countries. Duties are of two kinds, ad valorem and specific. (a) Ad valorem duty is a certain per cent of the cost of the goods in the country from which they arc imported. (i) Specific duty is a sum imposed upon goods according to the quantity, but without... | |
 | Samuel Wesley Baird - Arithmetic - 1901 - 168 pages
...sale of stamps. Duties are of two kinds, — ad valorem and specific. An Ad Valorem Duty is a certain per cent of the cost of the goods in the country from which they are imported. A Specific Duty is a duty assessed on the quantity or bulk of goods without regard to their cost. The... | |
 | Eugene L. Dubbs - Arithmetic - 1901 - 462 pages
...foreign countries. They are of two kinds, ad valorem and specific. 2. An ad valorem duty is a certain per cent of the cost of the goods in the country from which they were imported. 3. A specific duty is a fixed tax levied upon certain articles without reference to... | |
 | Jacob Henry Minick, Clement Carrington Gaines - Business mathematics - 1904 - 412 pages
...duties and specific duties. 724. An Ad Valorem (according to value) Duty is a tax levied at a certain per cent, of the cost of the goods in the country from which they are imported, as shown by the invoice. 1. This duty is computed on the prime cost of the goods ; that is, on the... | |
 | John Henry Moore - Business mathematics - 1904 - 404 pages
...kinds, ad valorem and specific. 856. An ad valorem duty is a certain per cent levied on the invoiced cost of the goods in the country from which they are imported. Ad valorem duties are not computed on fractions of a dollar ; if the cents in an invoice are less than... | |
 | John William McClymonds, David Rhys Jones - Arithmetic - 1907 - 390 pages
...duty, a specific duty, or to both. 2. An ad valorem duty is a duty reckoned according to the value or cost of the goods in the country from which they are imported. Thus, the duty on jewelry is 60 % of the value. 3. A specific duty is a tax of a specified amount on each pound,... | |
 | Bruce Mervellon Watson, Charles Edward White - Arithmetic - 1908 - 432 pages
...therefore said to be an indirect tax upon the purchaser or consumer. 460. Duty computed at a certain per cent of the cost of the goods in the country from which they were shipped is ad valorem duty; eg the duty on $10,000 worth of laces at 60% ad valorem is 16000.... | |
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Duties are either specific, or ad valorem. A specific duty is a certain sum paid on a ton, hundred weight, yard, gallon, &c. 
