Dubai Customs recently revealed Customs Policy No. 58/2024 on Voluntary Disclosure System (VDS) to enable clients abide by disclosing inadvertent errors made while declaring information and facilitating paying resulting customs dues. The policy aims to foster a culture of compliance, transparency and participation among clients. Article 141 (ibid) of the Common Customs Law allows for the partial or full exemption from customs fines when companies voluntarily disclose violations before detection by Dubai Customs.
The policy comprises nine articles, prominently the VDS, which is a disclosure statement submitted by a client to duly inform Dubai Customs of any inadvertent errors and/or violations committed during customs clearance and the declaration of information related to declarations and customs data according to the conditions and regulations specified herein. Also, the voluntary disclosure applies to the following violations—import and export violations, customs declaration violations, transit violations, warehouse violations, violations in areas supervised by customs, temporary import violations, re-export violations, and any other customs violations.
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