Cyprus’s appetite for low-cost online shopping has produced an unexpectedly large return for the state, with the new €3 customs duty generating almost €2 million in July alone .
During the first month of the measure, Customs processed 650,000 chargeable items contained in 160,000 parcels , according to customs department spokesman George Constantinou, speaking to the Cyprus News Agency (CNA).
At €3 for each chargeable item category, the figures point to revenue of approximately
