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what are the types of tarrifs? Solution Tariffs is the tax or duty imposed by one nation on the imports of goods and service from another nation. There are two types of tax 1. Ad valorem tax - Which is nothing but a percentage charged on the value of the import imported. 2. Specific tariff - It is the specific fee charged per number of items or by weight..

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what are the types of tarrifs? Solution Tariffs is the tax or duty imposed by one nation on the imports of goods and service from another nation. There are two types of tax 1. Ad valorem tax - Which is nothing but a percentage charged on the value of the import imported. 2. Specific tariff - It is the specific fee charged per number of items or by weight.

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