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Category Archives: Uncategorized

Saudi Import Customs Duty Update – 10 June 2020

Saudi Import Customs Duty Update

 

On 10 June 2020, the General Authority of Saudi Customs implemented an increase in the customs duty rates of more than 2000 tariff Lines of the KSA Integrated Customs Tariffs.

On initial review of the rise in import duties, the increase in customs duty levied on goods range from 0.5% to as high as 15% across categories. Importers must engage with a careful review of HSCodes/ classifications applied in customs data declarations to avoid incorrect costs/ penalties.

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GCC Customs Clearance updates – February 2020

GCC Customs Updates – Feb 2020

UAE & KSA aim to boost cross trade through the implementation of TIR operation, Abu Dhabi seems set to achieve 100% year on year growth in pre-clearance of goods and Oman suspends paper applications for tax and duty related matters.

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