المملكة: Cancellation of the bank guarantee and mineral license for “transit” transportation to enhance supply efficiency

declared The Zakat, Tax and Customs Authority announced the possibility of allowing the practice of transit transportation without requiring the submission of a bank guarantee, in addition to allowing internal transit transportation without issuing metal transit plates, in a step aimed at accelerating Customs proceduresand enhancing the flexibility of supply chains in the Kingdom.

This decision comes within a package of regulatory measures implemented by the authority during the current stage, with the aim of supporting the flow of trade movement and enabling the flow of goods and goods through land, sea and air ports with greater efficiency, which contributes to reducing operational costs for carriers and accelerating customs clearance processes.

Reducing financial burdens

The authority confirmed that canceling the bank guarantee requirement represents an important shift in Facilitating the practice of transit transport activity, as it reduces the financial burdens on workers in the logistics sector and gives them greater flexibility in managing their operations, especially in light of the continuous expansion of trade movement and the multiplicity of transport routes.

In the same context, the Authority explained that allowing internal transit transport between air and sea ports without the need to issue metal transit plates comes within a trend to simplify operational procedures and reduce regulatory requirements, which reflects positively on the speed of transporting goods between different ports within the Kingdom.

Increasing efficiency Services

The Authority stressed that these steps come within the framework of its ongoing efforts to develop the capabilities of the logistics sector, raise the efficiency of customs services, and enhance the readiness of the transport infrastructure, in a way that supports achieving the goals of transformation towards a global logistics center.

It indicated that these measures contribute to enhancing business continuity in various circumstances and improving the experience of beneficiaries of its services, by reducing procedural complications and raising the level of integration between ports.

The Authority called on all those interested and wishing to benefit. From these facilities to communicate through its official channels, including the unified call center that operates around the clock, or through its digital accounts and electronic platforms, to obtain more information and the necessary technical support.

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