UAE transfers AED 1 billion in customs duties to GCC countries in 20182019-01-02
The Federal Customs Authority announced that the total value of customs duties transferred by the UAE to the GCC countries in addition to the GCC countries’ transfers to the local customs services reached about AED 1 billion in 2018 through the implementation of 168,726 transactions The direct mechanism for customs duties between the GCC countries, which was launched at the end of October 2015.
The Authority pointed out that the value of customs duties that were transferred by the UAE to the Gulf States for goods and goods that entered these countries via customs outlets in the country amounted to AED 866.4 million representing 84% of the total amounts transferred during 2018 through the implementation of 134.3 While the value of customs duties transferred from the GCC countries to the local customs departments in the country amounted to AED 136.8 million as customs duties on goods and goods that entered the country from the Gulf ports through the implementation of 34.4 thousand transactions representing 14% of the total transfers through the system During the year.
HE Ali Saeed Al Niyadi, Customs Commissioner, said that the system of direct automatic transfer of customs duties represents the latest technical tools that contribute to enhancing GCC customs cooperation by reducing the time of tariff transfers from one year under the previous manual clearing system to 30 days only under the transfer system Which was implemented on the initiative of the UAE to develop the system of customs clearance between the GCC States.
His Excellency stressed that the increase in the volume of customs duties transfers through the system by the UAE to the GCC countries during the year reflects the central role of the UAE in implementing the system as the country is the first gateway to the GCC countries, Middle and surrounding areas.
He added that Saudi Arabia had the largest share of the total customs duties transferred by the UAE to the Gulf States during 2018, with a share of the total transferred fees of AED 456.1 million, equivalent to 52.6%, followed by Oman with a share of 241.4 million dirhams , While Kuwait was the third with a share of AED 118.1 million (13.6%). Bahrain’s share of total remittances reached AED 48.3 million (5.6%).
He pointed out that the system of automatic transfer of customs duties includes an advanced mechanism for the transfer of goods and goods through the customs ports between the GCC countries through an electronic system that links the system of the Federal Customs Authority and the local customs departments in the country with the Information Center of the General Secretariat of the GCC States and Customs Services Gulf Cooperation Council.
The Commissioner explained that the implementation of this mechanism contributed to ensuring the smooth flow of goods, exchange of data and eligibility numbers automatically between multiple parties on a daily basis, 24 hours a day, seven days a week, in addition to ensuring the transfer of customs duties data for goods transferred to the country of final destination, The completion of the customs duties deposit for its beneficiaries in the GCC countries, as well as the arrival of the goods transfer data to and from the entry and exit points at the customs outlets of the Member States through the customs information center in the Secretariat immediately and immediately.