UAE Federal Customs Authority participates in the Customs Clearing Committee Meeting of the GCC

This meeting aimed at determining the share of each GCC Country of the Customs income during the period from June to August 2003. The participants also discussed the final revision of the first half of last year.

UAE Federal Customs Authority (FCA) General Manager, Mr. Mohammed Bin Fahad Al Mehairi said that ' participants stressed on the importance of complying with the clearing mechanism imposed by the Economic & Financial Co-operation Committee of the GCC. Since some difficulties were encountered while implementing these mechanism, it was decided to give country members time until the third meeting is held next April.'

'Committee members have reviewed all efforts made by member countries since the first meeting which took place last July, to conclude the clearing process for customs amounts.' He added.

Mehairi also pointed out that the committee decided to use the values (of goods) as declared at the first entry point and not the value of sale in the destination market, which may include other fees service charges.
He also explained: 'The Committee has affirmed that all country members should complete the unified customs clearance form and to use the agreed upon modules within the clearing mechanism'.

Committee members agreed that the third meeting would take place on April 4 - 7, 2004 to complete the approval of remaining amounts, as well as discussing the obstacles that faces the implementation of the clearing system.