Dubai Customs Issues Customs Policy on Voluntary Disclosure
Dubai Customs has issued the Customs Policy on the Voluntary Disclosure System which, in summary, allows companies to submit online voluntary disclosures of certain historical errors or violations of customs regulations (the Policy).
The 'Voluntary Disclosure System' is a declaration submitted by a customer to inform Dubai Customs of any errors and/or offences inadvertently committed during customs clearance and the provision of information relating to customs declarations and data.
Submitting a Voluntary Disclosure is a simple process. The electronic submission of the Voluntary Disclosure Form, together with the required supporting documents and records, can be done seamlessly through the electronic customs systems, ensuring a hassle-free experience for businesses.
Voluntary Disclosure applies to the following offences:
- import and export offences;
- customs declaration offences;
- transit offences;
- offences in warehouses;
- offences in areas under customs control;
- offences relating to temporary importation;
- re-export offences; and
- any other customs offence.
Customs fines may be waived in whole or in part in the case of a customs offence if voluntary disclosure is made before the offence is discovered by Dubai Customs.
The policy stipulates that the customer must pay the customs duties due within 30 days of receiving notification of the financial claim. In the event of non-payment of the financial claim within the period, the voluntary disclosure request and decision shall be deemed null and void, in which case Dubai Customs reserves the right to take any other necessary action.
Customs Policy No. 58/2024 on the Dubai Customs Voluntary Disclosure Scheme came into force upon its publication.
Source: IBFD Tax Research Platform News