Riyadh – Mubasher: The Saudi General Authority of Customs launched the Auto Adjustment Program for Customs.

The initiative enables importers to correct their customs data following specific terms and procedures voluntarily, the authority’s Undersecretary for Revenues Mazen Al Zamil explained.

The initiative promotes transparency with investors and the business sector and provides conditions that will improve and enhance customs compliance and facilitate the work of importers, therefore achieving stability and growth for these companies, Al Zamil noted, according to a press release.

Customs data that importers will be able to correct include customs fees that were not previously met due to inaccurate information related to the value, origin or type of goods, or in the event of occurrences following the organization of customs data that have not been declared to Saudi Customs.

When stakeholders apply for correction before the discovery of errors by Saudi Customs or the issuance of subsequent audits on restrictions and records, they only need to pay the differences in customs fees and taxes, Al Zamil emphasized.

Importers can submit a correction request starting from the beginning of January 2020 and for six months by logging into the initiative’s portal on the Saudi Customs website and following the steps for applying.

It is worth noting that the benefits and incentives of auto-adjustment are not eligible if a notice of subsequent audits is issued for the stakeholder or if errors are discovered before the importer submits the correction request.