Tare Weight - Definition & Meaning
What is Tare Weight?
The weight of the empty container is known as Tare Weight. It is used in calculating the weight of the cargo being carried. Initially for computing taxes across borders the weight of commodity was considered .The net weight to be calculated from the gross weight by deducting the tare weight. The tare weight is calculated on emptying the container.
Formula Used :
Net Weight (Weight of load) = Gross Weight – Tare Weight
Example :
A lot of the train wagons have tare weight rating mentioned on their sides . This saves the time of emptying the wagon . Since the tare weight is given the total load is calculated and accordingly taxed. The vehicles like trucks can be pushed into a particular scale for measurement. There is also a provision of weighing and saving the tare weight scale so that the same procedure need not be repeated. It is also used in kitchen appliances and grocery stores there is an automatic adjustment to the tare weight of the scale to a higher value and thus gives only the load reading.
This article has been researched & authored by the Business Concepts Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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