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Executive summary
On 11 August 2022, the Dubai Customs (DC) announced via LinkedIn the launch of its Self-Audit Findings service to enable importers and exporters to voluntarily disclose errors and omissions committed after processing customs declarations through the DC and prior to notice or initiation of a customs audit.
The Self-Audit Findings service will assist importers and exporters to mitigate potential penalties through voluntary disclosure of errors and omissions. This service is available to all DC-registered clients or individuals and can be accessed through the Dubai Trade Portal.
Detailed discussion
In February 2022, the DC announced through its website the launch of the Self-Audit Project from which the Self-Audit Findings service is now being introduced. Prior to the launch of the Self-Audit Findings service, there was no mechanism to voluntarily disclose errors and omissions committed by importers and exporters after processing customs declarations.
A registered client can access the Self-Audit Finding service through the Dubai Trade Portal. The key requirements to access the Self-Audit Finding service include:
- Registration of clients or individuals with the DC
- Voluntary disclosure of errors and omissions prior to notice or initiation of customs audit
- Submission of the Self-Audit form through the Dubai Trade Portal
- Provision of relevant documents to support information pertaining to the error or omission committed
- Payment of duty difference within 15 days of voluntary disclosure
Implications
Importers and exporters registered with the DC should consider using the Self-Audit Findings service to disclose any errors and omissions through the Dubai Trade Portal in order to mitigate potential penalties in the case of a customs audit.
For additional information with respect to this Alert, please contact the following:
EY Consulting LLC, Dubai, Global Trade
- Pascal Cange
- Ramy Rass
- Thais O Cunha
- Sayed M Muneeb
- Sandra A Isabet
Ernst & Young LLP (United States), Middle East Tax Desk, New York
- Asmaa Ali
For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.
