Customs Connect

The regulations that govern Import Duties and VAT are continually evolving, on both a national and international level. Our analysis and interpretation of the latest developments is offered here.

VAT in UAE and KSA

VAT

What is happening? The introduction of VAT in the GCC is imminent.  The KSA and the UAE are well on their way to the implementation of VAT as of 1 January 2018.  VAT law is now available and the registration...

08 - Sep - 2017

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Classification

Any change in tariff classification may significantly impact duty rates and non-tariff measures, including the scope of duty reliefs.  During the past month, the following products have been in...

08 - Aug - 2017

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Classification

Since the Registered Exporter system (the REX system) came into effect on January 1st 2017, we’ve had numerous questions from clients asking what they should do when re-consigning goods...

04 - Aug - 2017

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Classification

Any change in tariff classification may significantly impact duty rates and non-tariff measures, including the scope of duty reliefs.  During the past month, the following products have been in...

03 - Jul - 2017

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Anti Dumping

During the past month, the following products have been in the news: Decision terminating the anti-dumping proceeding concerning imports of purified terephthalic acid and its salts originating in the...

03 - Jul - 2017

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VAT in UAE and KSA

VAT

The recovery of VAT on transaction fees has long been a topic of interest. Following various case law decisions, HMRC has now updated its guidance on input tax recovery. During...

11 - May - 2017

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VAT in UAE and KSA

Classification

The UK VAT Bad Debt Relief scheme was introduced in 1978 and allows for VAT output tax to be reclaimed on sales that remain unpaid, subject to certain conditions....

03 - Apr - 2017

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Classification

Any change in tariff classification may significantly impact duty rates and non-tariff measures, including the scope of duty reliefs.  During the past month, the following products have been subject...

27 - Feb - 2017

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