Ad Valorem Duty: Meaning and Pronunciation
Ad Valorem Duty, also known as AVD, is a term used in the field of taxation. It refers to a type of duty or tax that is calculated based on the value of a product or service. In Telugu, Ad Valorem Duty can be translated as అడ్ వలోరెమ్ డ్యూటీ (ad valorem dūṭī).
Pronunciation: (ad vuh-lohr-uhm doo-tee)
Synonyms of Ad Valorem Duty
Some synonyms of Ad Valorem Duty include:
- Value-based tax
- Percentage duty
- Proportional duty
Nearby Words
Here are some nearby words related to Ad Valorem Duty:
- Noun: Tax (పన్ను) – A compulsory contribution to state revenue.
- Noun: Duty (కర్తవ్యం) – A moral or legal obligation.
- Noun: Value (విలువ) – The worth of something.
- Noun: Product (ఉత్పత్తి) – An article or substance that is manufactured or refined for sale.
Example sentences:
- The government imposed an ad valorem duty of 10% on imported electronics.
- Ad valorem duty is calculated based on the assessed value of the property.
- He paid a high ad valorem duty on his luxury car.
Antonyms
In Telugu, the word “ad” can be translated as “అనుమానం” (anumānaṁ), which means “estimate” or “guess”.
References
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