Types of tariffs and trade barriers

Types of tariffs

There are various types of tariffs followed:

1. Flat demand tariff
2. Simple tariff
3. Flat rate tariff
4. Block rate tariff
5. Two part tariff
   • Fixed charge
   • Variable charge
6. Three part tariff
   • Fixed charge
   • Semi fixed charge
   • Variable charge
7. Maximum demand tariff
8. Specific tariff
   • Time of day tariff (TOD)
   • Off peak day tariff
9. power factor tariff
   • kVA maximum demand tariff
   • kWh and kVARh tariff
   • Sliding scale tariff
10. Load Factor tariff

Trade barriers

The trade barriers can be broadly divided into two broad groups:

1. Tariff Barriers
2. Non-tariff Barriers

Tariff barriers are as follows:

1. Specific duty
2. Ad valorem duty combined or compound duty
3. Sliding scale duty
4. Countervailing duty
5. Revenue tariff
6. Anti-dumping duty
7. Protective tariff

Non-tariff barriers are as follows:

1. Quota System
   • Tariff/Customs quota
   • Unilateral quota
   • Bilateral quota
   • Multilateral quota
2. Product standard
3. Domestic content requirements
4. Product labeling:
5. Packaging requirements
6. Consular formalities
7.  State trading
8. Preferential arrangements
9. Foreign exchange regulations