Dubai Customs launches Trader Export Report service to enhance compliance and boost revenues

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UAE- August 2, 2021:

Dubai Customs, in cooperation with the Federal Tax Authority (FTA), launched the Trader Export Report service to help businesses overcome the challenges, enhance compliance and boost their revenues. The new service will help clearance and shipping agents achieve Zero Rating of supply of goods exported within 90 days of export date regardless of the import 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 centers.

Traders must meet all the Zero Rating requirements that include owning an exit certificate and relevant commercial documents to prove exportation process, and exporting the shipment within the specified time frame. This service applies to imported goods only that will be exported later and not to goods possessed locally.

The new service will be available on Dubai Trade Portal, and it will apply to certain types of declarations including:

  • Import to Local from ROW
  • Import to Local from GCC (Statistical Import)
  • Import for Re Export to Local from ROW
  • Import to CW from ROW
  • Transit (ROW to ROW)
  • Cargo Transfer from CTO to CH (Different Locations)

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*Zero-rated supplies in VAT refers to the taxable supply of goods and services on which VAT is charged at zero rate.
Zero rated VAT and exempted VAT are different from each other. Zero rated VAT in UAE means you must charge VAT at 0 percent to your customers. Exempt VAT means you must not charge VAT.