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.
CLU, ChFC, AEP, CFPÂ®. With a lease - you pay interest on the entire value of the car and you pay down the value to the residual - the expected value of the car at the end of the lease. If the car has a high residual value, you pay less in principle but a little more in interest. If you buy a car you will pay off all of the value of the car plus the interest. So, all things being equal, you should end up paying less on a lease than a purchase. But there are risks - in that if you put too many miles on the car - you will owe money at the end of the lease.