Ad Valorem Tax: A Key to Cutting MSME Logistics Costs

Ad valorem tax may have a substantial impact on logistics costs faced by MSMEs, however, understanding how it works could present potential cost savings. This article outlines what ad valorem tax is, how it is charged on logistics costs, and the possible effects it may have on MSMEs. Improving your understanding of how this tax works could lead to informed logistics decisions and improvements to costs and profitability. Get details on how to manage this tax and reduce the cost of logistics.