Dubai cuts customs fines by 80% to ease burden on businesses

SourceEmirates Business
SectorEconomy
CountryUAE

Dubai cuts customs fines by 80% to ease burden on businesses Admin 13 hours ago Local NewsDUBAI / WAMAs part of the economic stimulus package announced by the Government of Dubai to alleviate the burden on businesses and help them navigate the challenges of Covid-19 pandemic, Dubai Customs launched an initiative offering 80 percent discount on fines for customs cases and violations detected or committed before March 31, 2020. The decision applies to uncollected customs fines imposed by a judicial judgment as well as the customs fines that have been paid in installments to Dubai Customs, where reduction will apply to the remaining installments, which will be rescheduled. The cases under execution at Dubai Courts will also benefit from the applicable fine reduction on the remaining payable amounts. To avail of these fine reductions, businesses and individuals should first settle their customs cases and pay any charges due, including customs duties resulting from the case, if due, before December 31, 2021.

“The latest move will give a new impetus to the government’s stimulus package measures towards easing the impact of Covid-19 circumstances on the national economy and ensuring uninterrupted business continuity,” said Ahmed Mahboob Musabih, Director General of Dubai ...read more...