EVAT Impact on Sea Freight Rates

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ERB NO. 98-06: EVAT Impact on Sea Freight Rates

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Title Supreme Court: EVAT Impact on Sea Freight Rates

Law: Erb No. 98-06

Decision Date: Mar 24, 1998

The Board, led by Chairman Neptali S. Franco, resolves to adjust sea freight rates to account for the impact of the EVAT law, ensuring shipowners can recover their expenses while incorporating the 3% common carriers tax.

sea freight

common carrier

evat law

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