Dubai Customs has extended a 20 percent refund on fees imposed on imported products sold locally in Dubai markets June 30.
The stimulus package announced also involves the cancellation of the AED50,000 bank guarantee or cash required to undertake customs clearance activity – bank guarantee or cash paid by existing customs clearance companies will be refunded.
The package includes exemption to traditional wooden commercial vessels registered in the country from mooring service fees for arrival and departure, and direct and indirect loading fees at Dubai and Hamriyah Ports.
It also includes cancellation of bank guarantees required to be submitted before resolution of customs-related grievances, and cancellation of 25 percent down payment required for requesting instalment-based payment of government fees for obtaining and renewing licenses.
“We have completed and fulfilled the stimulus package requirements following the wise directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai,” said Ahmed Mahboob Musabih, director general of Dubai Customs.
“All divisions including customs development division, finance, HR division and client division all worked together to implement the stimulus package items in record time to mitigate the impact of Covid-19 and support businesses during this difficult time.”
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