Under what conditions is import VAT suspended?
Import VAT will be suspended in the following cases:
- The goods are under customs duty suspension arrangements in accordance with the GCC Common Customs Law
- The goods enter the country under temporary arrangements
- The goods are placed in a customs warehouse
- The goods are in transit
- The goods are intended to be re-exported by the same person who imported them The Federal Tax Authority may require a cash deposit equal to the value of the import VAT before allowing the goods not to be treated as imports.