She will be sharing the prize with 10 colleagues, one of whom is battling breast cancer
uae1 day ago
Dubai has introduced new customs duty on goods bought internationally with a value of more than Dh300.
“Customs duty rate has been set at five per cent of the goods if their value exceeds Dh300, except where a rate of zero per cent exemption applies according to the Unified Customs Tariff for the GCC States of 2022,” said Abdelhak Attalah, partner, maritime and international trade practice, Galadari Advocates and Legal Consultants.
This means residents shopping internationally with a value of over Dh300 will have to pay five per cent import customs duty and five per cent value-added tax (VAT).
Attalah further added that tobacco, tobacco products, e-cigarettes and vaping liquids are subject to a higher customs duty at the rate of 200 per cent in addition to the “sin tax” which is applied also to sugary drinks.
According to a notice from Dubai Customs – Notice No.5 of 2022, this new customs duty and customs clearance law came into effect on January 1, 2023.
However, goods imported with a value of less than Dh300 will be exempted from customs duties. But tobacco, tobacco products, e-cigarettes, nicotine liquid, alcoholic beverages and foods containing alcohol are excluded from the exemption of customs duties.
In 2017, the UAE introduced an excise tax on products which are harmful to human health such as carbonated drinks, energy drinks, tobacco and tobacco products. Later on, the excise tax scope was expanded to e-smoking devices and tools, liquids used in such devices and sweetened drinks.
ALSO READ:
She will be sharing the prize with 10 colleagues, one of whom is battling breast cancer
uae1 day ago
Here's a throwback to one of the biggest editions of the Dubai Shopping Festival — a 54-day extravaganza in 2006
uae1 day ago
Earlier, while speaking to Reuters, the airline said it has had to make additional changes to its schedules over engine issues
uae1 day ago
Entry is free to the festival in Mleiha and the event runs until February 27
uae1 day ago
The 45-year-old Pakistani expat, who arrived in the country in 2000, had lost his job in 2022
uae1 day ago
Three months after the therapy, the 60-year-old patient's platelet count and hemoglobin levels are stable, and her symptoms have significantly decreased
uae1 day ago
Inaugurating the new Sharjah Police HQ, Sheikh Dr Sultan urged law enforcement to exercise extreme caution before making arrests
uae1 day ago
State-sponsored initiatives aimed at providing livelihood support could be extended to female migrant workers in situations of risk and vulnerability, the envoy recommends
uae1 day ago