Question

A tax levied based on the value of the commodity is called

Answer 1

Answer:

A tax levied based on the value of the commodity is called  valorem tax.

mark as brainiest

please hope its helps

thanks

Answer 2

Answer:

Customs Duty is a tax imposed on imports and exports of goods. Description: The rates of customs duties are either specific or on ad valorem basis, that is, it is based on the value of goods.