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.
At the same time, a car lease or loan adds a different type of debt to the mix -- a recurring installment debt -- and this is a positive factor in determining credit scores. However you slice it, if you're making lease payments or loan payments, your credit score will reflect how you manage those debts.
Keep in mind that an auto loan is a secured debt which means if you donât make your car payments, the bank can repossess your vehicle â leaving you with no car. A popular approach to budgeting car expenses is the 20/4/10 rule: Pay at least 20 percent as a down payment. The more you pay upfront, the less youâll need to borrow and the less it will cost you in the long run. Limit financing to four years. Beware of car dealers who try to distract you with a low monthly car payment that will run for five or even six years â which might be longer than you own the car. Allocate a maximum of 10 percent of your gross income to your monthly car payment.