FTA clar­i­fies im­port pro­ce­dures

The Gulf Today - - FRONT PAGE -

DUBAI: The Fed­eral Tax Author­ity (FTA), has clar­i­fied the im­port pro­ce­dures for non-reg­is­tered busi­nesses, adopt­ing the e-dirham sys­tem for pay­ments and e-guar­an­tee to pro­vide guar­an­tees, in order to ease pro­cesses for non-reg­is­tered im­porters.

Non-reg­is­tered busi­nesses wish­ing to im­port are re­quired to fol­low stan­dard cus­toms pro­ce­dures and pay VAT in one of the fol­low­ing meth­ods by com­plet­ing a dec­la­ra­tion (Form VAT301 - Im­port Dec­la­ra­tion Form for VAT Pay­ment) and pay­ing via e-dirham (with an e-dirham or other credit card) via the es­er­vices por­tal on the FTA web­site (es­er­vices.tax.gov.ae); via a clear­ing com­pany ap­proved by the FTA at the port of entry; via a freight for­warder ap­proved by the FTA; or via the courier com­pany that de­liv­ers the goods to the said im­porter.

When im­port­ing for re-ex­port, tran­sit or tem­po­rary ad­mis­sion, non-reg­is­tered busi­nesses are re­quired to fol­low stan­dard cus­toms

pro­ce­dures, in ad­di­tion to pro­vid­ing a guar­an­tee for the tax due on the im­ported goods in ques­tion, which can be done by en­ter­ing the pre­vi­ously ob­tained e-guar­an­tee ref­er­ence num­ber on the e-ser­vices por­tal; via a clear­ing com­pany ap­proved by the FTA at the port of entry; or via a freight for­warder ap­proved by the FTA.

For more in­for­ma­tion, please visit the FTA web­site: www.tax.gov.ae

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