The truth about increasing customs duties and the results they apply to by 200% It is interesting to many people in Saudi Arabia, so that traders know if there is a real increase in the value of taxes or if it is just rumors that have been circulated in the markets, so we present the complete truth news through our website.
The truth about increasing customs duties and the results they apply to by 200%
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Zakat, taxes and customs in Saudi Arabia announced some new decisions that worry many merchants, since the fact is the increase of customs duties and the products to which they are applied 200% .: Customs duties on Chinese products were raised around $18 billion, at 100% value, and also on electric cars..
How are customs duties on goods calculated in Saudi Arabia?
The value of customs duties in the Kingdom on various products is calculated electronically and smoothly through the calculator service, because it can only be obtained by applying the steps for how customs are calculated on products in Saudi Arabia.:
- Access the service directly from the digital platform Zakat, taxes and customs.
- Select the product type.
- Enter the product value.
- Then click on the Calculation tab.
Goods that have been subject to increased customs duties
Zakat, taxes and customs in Saudi Arabia has identified some imported goods and products on which customs duties will be increased, as they include the following products where taxes have been customs increase:
- Chinese electric cars And his own batteries.
- Steel and aluminum products.
- Semiconductors.
- Rare metals.
- Supply cells.
- Vessel trees.
- Medical products.
In conclusion, it is now possible to find out if all the news that is circulating is true or about an increase in the value of customs duties on products exported to the Kingdom of Saudi Arabia, after the case officially announced by the Zakat, Excise and Customs Authority. .
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2024-08-15 09:58:01
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