Question

what is duty? Write its types.
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Answer 1

Answer:

Types of Custom Duty

Types of Custom DutyCustom duty can be classified into the following types: Basic Customs Duty: This duty is imposed on the value of goods at a specified rate as it is fixed on an ad-valorem basis. After being amended time and again, it is currently regulated by the Customs Tariff Act, 1975.

Answer 2

Answer:

Explanation:Types of Custom Duty

Custom duty can be classified into the following types: Basic Customs Duty: This duty is imposed on the value of goods at a specified rate as it is fixed on an ad-valorem basis. After being amended time and again, it is currently regulated by the Customs Tariff Act, 1975.