Traders have to meet all the Zero Rating requirements including having an exit certificate and commercial documents that prove the exportation process and exporting the shipment within the specified time frame. This service applies only to imported goods that will be exported later and not to goods possessed locally.
Khalid Ali Al Bustani, Director General, Federal Tax Authority (FTA) said, “The Trader Export Report service is very promising, and is a good example of fruitful cooperation between local departments and federal authorities to enhance economic development and trade facilitation following the leadership’s wise vision. The creative platform will help raise compliance and abidance. I heartily thank Dubai Customs’ team for their dedication and honest efforts in making this creative service a reality,”
The new service will be available on Dubai Trade Portal, and it will apply to certain types of declarations including Import to Local from ROW, Import to Local from GCC (Statistical Import), Import for Re-Export to Local from ROW, Import to CW from ROW, Transit (ROW to ROW) and Cargo Transfer from CTO to CH (Different Locations).
“The (Trader Export Report) service is meant to provide best trade and customs facilities to traders and businesses to help them increase mutual trade between Dubai and the rest of the world. This will help in the fulfillment of national plans and projects and support Dubai’s 5-year plan of increasing Dubai external trade to 2 trillion dirhams. Dubai non-oil external trade grew 10% in Q1, 2021 to Dh354.4b compared to Dh323b in Q1, 2020. This includes Dh150m for exports and re-exports,” said, Ahmed Mahboob Muabih, Director General of Dubai Customs.
Source: Gulf News