Meaning of the WORD

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Student
498 Points Joined February 2010

What is meaning of the term " Ad Valorem" ........!!!!!

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On 29 May 2010 at 22:43 Report
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CA Final CS Executive
365 Points Joined June 2008

A tax, duty, or fee which varies based on the value of the products, services, or property on which it is levied.

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On 29 May 2010 at 23:20
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CA Final Student
132 Points Joined August 2008

simple

"according to value"

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On 29 May 2010 at 23:51
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Gaining knowledge...
320 Points Joined September 2009

It simply means in proportion to value i.e. tax or duty is charged on the addition in vlue made

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On 30 May 2010 at 21:56

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