Saudi Customs Launches Temporary Voluntary Disclosure Program
Saudi Arabia’s customs authority launched a six-month window for importers to voluntarily correct past customs declarations without penalties, according to a Feb. 12 report from the Hong Kong Trade Development Council. The window, which began Jan. 1, is intended to…
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help Saudi Arabia identify inaccurate customs information, such as under-declared import values, inaccurate freight charges, misclassification of goods and more. Importers are only eligible for the program if they have not already been chosen for a customs audit, the report said.