Surcharge

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Surcharge

An additional levy added to some charge.

Surcharge

An additional fee one must pay over and above some other fee. For example, one may be required to pay a surcharge for a late payment, or for using a service under unusual circumstances.
References in periodicals archive ?
"Europcar imposed excessive surcharges on transactions affecting 63,012 customers, and over-charged more than $67,000," ACCC Deputy Chair Mick Keogh said.
Two of the surcharges are the Neelum-Jhelum Surcharge at a rate of 10 paisa per unit, aimed to generate about Rs7.5bn per annum, and Financing Cost Surcharge at a rate of 43 paisa per unit, to ensure collection of Rs30-32bn for debt servicing of the Power Holding Private Limited.
Last week while hearing on the petition of Ministry of Energy, Chairman NEPRA Tariq Sadozai reserved the judgment on the continuation of Rs107 billion monthly surcharges on electricity consumers.
The draft revision to the Labour Code increasing the surcharges is already in parliament, in the second reading.
"Its very important when merchants are going to surcharge that they are aware of the state laws and statutes and the card network rules," said Dean Middleton, president of United TranzActions.
A tobacco surcharge is allowed under the Affordable Care Act.
Last week, the Lahore High Court had set aside the levying of equalization surcharge and debt servicing surcharge but the government convened a meeting of the Economic Coordination Committee (ECC) and imposed the two new surcharge, thus sending inflated bills to consumers.
Forwarders and shippers have called for the end of surcharges for years, partly because their complex structure makes it hard to quote a definite price for customers, and partly because forwarders' do not receive commissions on the added surcharges.
The bench after recording initial arguments stopped the recovery of surcharges and sought a reply from Government and NEPRA till January 13.
Starting in October, the airline's system of collecting surcharges on fuel prices is being reviewed every two months to reflect market changes.
The carrier's transatlantic fuel surcharges, for shipments from the US to Europe, Africa and the Middle East, will be reduced from USD1.20 to USD1.10 per kilogram.
In letter to BA chairman, commercial director Mar tin George, says: "There may have been inappropriate conversations in violation of company policy in relation to long-haul fuel surcharges".