The country of first entry point shall collect the customs duties on consignments of goods and deposit them in the customs union accounts for the purposes of setoff for the benefit of the country of final destination within the GCC states upon presenting a proof of arrival of such consignments in that country.
Installment debt involves paying a certain amount each month over a predetermine period of time. An automobile loan is an installment debt. An interest rate is applied and paid out over say three to five years in most cases. Installment debt payments rarely change as most are fixed rate loans. However, the installment payment can be ignored if there are less than 10 months remaining, boosting borrowing power.
But perhaps the biggest reason to lease a car like the Chevy Volt is the availability of $7500 worth of federal tax credits. Typically, to take advantage of the credit, you need to make sure that you will owe at least $7500 in taxes and also that you donât run into other tax issues like AMT.