There is a lot of confusion in the marine industry surrounding duty and sales tax, and their relationship to each other. The truth is they are two separate items — one being assessed on the state ...

European Union finance ministers have reached a groundbreaking agreement to eliminate the customs-duty exemption on parcels valued under €150 imported from non-EU countries. This decision marks a ...

While both types of duties generate revenue for the exchequer, the main purpose of excise duties is to achieve certain social or economic objectives and to protect domestic industries from foreign ...

EU to charge €3 per item on e-commerce parcels under €150 from third countries, closing duty-free loophole ahead of 2028 ...

The market of gold loans entertains an intricate web of policy dynamics, demand, and supply, which are mostly influenced by various geopolitical events, economic conditions as well as government ...