Tax Alert: August 2020
Tax Alert: August 2020
Extension of Saudi Customs Self-Correction Program for Three Months
The Saudi Arabia General Customs Authority (鈥淪audi Customs鈥�) introduced a self-correction , to run from 1 January 2020 until 30 June 2020, which would enable importers to declare and pay customs duties on any historic non-compliance with the KSA customs legislation. Due to the ongoing COVID-19 pandemic the program has been extended for three months until 30 September 2020.
Applying for self-correction within the specified conditions and timing allows the taxpayer to pay only the outstanding customs duties and taxes and they will not be subject to any additional penalties.
We recommend strongly that businesses consider the use of the self-correction program and take advantage of this extension to mitigate the imposition of penalties due for past errors. Please refer to our previous tax alert on the subject through the link below
乐鱼（Leyu）体育官网 KSA can advise the businesses on the matter and support with preparation for such voluntary disclosure as well 鈥巃s ongoing compliance with the customs legislation in KSA.
Contact us
Riyadh Office
Wadih AbuNasr Head of Tax, KSA and Levant |
Nick Soverall Head of Indirect Tax |
Mohamed Araji Senior Director, Financial Services Tax |
Peter Bourke Senior Director, M&A/ Int鈥檒 Tax |
Ali Sainudheen Director, Tax & Zakat Compliance |
Stefan El Khouri Director, Transfer Pricing |
Jeddah Office
Faisal Tanvir Director, Tax & Zakat Compliancent |
Amine Mechalikh Director, Indirect Tax |
Khobar Office
Tareq Al Sunaid Partner, Tax & Zakat Compliance |
Mohammad Kamran Sial Senior Director, Tax & Zakat Compliance |
Anil Bahl Director, Indirect Tax |
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