Dubai Customs launches Trader Export Report service

Dubai Customs launches Trader Export Report service

DUBAI / WAM

Within their continuous efforts to support trade activity in Dubai to help businesses overcome the challenges and boost their revenues, Dubai Customs, in cooperation with the Federal Tax Authority (FTA), launched the Trader Export Report service. The new service will help clearance and shipping agents achieve Zero Rating of supply of goods exported within 90 days of exportation date, regardless of the Importation date. The service was launched virtually in the presence of Ahmed Mahboob Muabih, Director General of Dubai Customs, and Khalid Ali Al Bustani, Director General, FTA, along with Dubai Customs’ executive directors and heads of customs departments and centres. Traders have to meet all the Zero Rating requirements including having an exit certificate and commercial documents that prove exportation process, and exporting the shipment within the specified time frame. This service applies only to imported goods that will be exported later and not to goods possessed locally. Ahmed Musabih expressed gratitude to the FTA for their dedication and outstanding efforts to help develop the trade sector and increase revenues. “The service is meant to provide best trade and customs facilities to traders and businesses to help them increase mutual trade between Dubai and the rest