Compound duty
Also called: mixed duty · combined duty
A duty combining an ad valorem and a specific element, for example a percentage plus an amount per 100 kg, sometimes with a minimum or maximum. EU agricultural and processed-food tariffs often take this form.
In practice
Comparing duty across suppliers or origins requires calculating the actual amount, since the headline percentage is only part of the charge.
EU
Türkiye
USA
UKRelated terms
- Ad valorem duty
- A duty expressed as a percentage of the customs value, such as 4.5 percent. It is the most common form of tariff in the EU, Türkiye, the UK and the…
- Specific duty
- A duty expressed as a fixed amount per unit of quantity, for example per kilogram, per litre, per head or per pair. Specific duties are frequent for…
- Meursing code
- A four-digit additional code used in the EU for processed agricultural goods such as biscuits, confectionery and some food preparations. It is…
- Entry price system
- An EU arrangement for certain fresh fruit and vegetables in which the duty depends on the declared entry price of each consignment compared with…