ad val.

ad val.

abbreviation for
(Economics) ad valorem
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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from 70 per cent to 65 per cent ad val. We firmly believe that the course we have adopted should not be given up for nothing could be more harmful.
from the existing range of 25-45 per cent to the range of 10-25 per cent ad val. Duties on a large number of inputs for electronic industry are also being reduced from 25 per cent to 10 per cent ad val.
It is proposed to reduce tariff structure on machinery from the existing range of 15 to 70 per cent to the range of 10-45 per cent ad val. But the great bulk of machinery items will attract not more than 20 per cent tariff.

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