Money and business

New fees .. Exemption of non -valuable documents from the customs financial compensation


The Zakat, Tax and Customs Authority revealed a draft amendment to the financial interview document, which includes the creation of new exceptions from the fees imposed on some customs services, in addition to imposing financial interviews on the entry and removal of goods and the operation of free markets.

This amendment aims to enhance the efficiency of systems and reduce burdens on some groups, especially those related to documents that are not of economic value.

This category includes, according to the amendment, postal cards, messages, judicial notifications, and other documents that do not represent material value.

The authority confirmed that the governor is the one who will define the requirements and procedures regulating this exception.

The commission indicated that if the goods are received within a complex customs statement, the financial compensation is applied separately on each shipping policy. Approved administrative.

indicated that the upper limit for this interview decreases to 130 riyals only in the event that the customs statement is limited to importing commodities exempt from value -added tax. This includes dealing with all logistical processes that take place within the private customs areas.

It is scheduled that the governor of the commission will define free markets and their classification criteria, in addition to the time periods during which some categories can be exempt from paying the annual financial compensation, according to the work of the work and organization.

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