Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
Dubai Customs Handles 285,000 Refund Requests, in Q1 2022, with a Value of AED2b
 
Dubai Customs Handles 285,000 Refund Requests, in Q1 2022, with a Value of AED2b

Dubai – 18 May 2022:  Dubai Customs handled 285,000 deposit refund requests in Q1 2022 growing 20% from 238,000 requests in the same period in 2021. 

The value of refund requests grew 45% in Q1 2022 to AED 2 billion compared to the corresponding period last year. The Smart Deposit Refund system provides a smooth and outstanding experience to clients. The in-house developed system enable clients request refund 24/7, saving time and effort, and reducing cost for companies. 


There are 18,000 deposit requests with AED 130 million of transferred customs fees in Q1 completed through the Gulf state public electronic clearing system. The online customs fees transfer system is an important technical tool of reducing time needed to transfer customs fees, thus boosting cooperation between gulf customs administrations


“The considerable growth in deposit refund requests in Q1 reflects a healthy and robust trade movement in Dubai, and the emirate’s efforts in leading international recovery,” said Yousef Al-Hashimi, Acting CEO, Customer Management Division. “Dubai Customs facilitates customs procedures for clients by creating advanced systems. The smart Deposit Refund System; the first of its kind in the world, is a technologically advanced innovation that can handle more than two million requests per year. Client happiness rose to 91.8% as per Dubai Government customer happiness study 2021. We are the first customs administration at the gulf state level to introduce deposit refund service online.” 


Al-Hashimi pointed out that Dubai Customs’ electronic entry/exit certificates initiative, launched in cooperation with DP World- Emirates Region, facilitates customs operations, especially refund requests. The initiative also boosts exports from Jebel Ali Port in line with Dubai Customs strategic plan 2021-2026, which, among other objectives, aims to introduce an exceptional experience to clients, increase their revenues and support the interests of regional and global firms, based in Dubai. 


On his part, Mohammed Al Hashmi, Director of Claim and Refund Department said: “Completing refund requests in short time; maximum two days, provides liquidity to companies and that stimulates and enhances their business activities. The enhancements to the refund platform has helped clients collect their deposits quickly and transparently.”  


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 9795 times
PR Category : Government, Legal & Humanity
Posted on : Wednesday, May 18, 2022  2:36:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : UAE tourism sector performance in Q1 2022 exceeds pre-pandem...
Next Story : Commentary for His Excellency Eng. Shadi Malak, CEO of Etiha...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Pandora Launch a New Limited-Edition Charm in Support of UNICEF Giving Young Voices the Ch... [10476-Views]
Ogilvy Celebrates a giant performance at this year's LIA's – Including awards for Global ... [8126-Views]
The Face Shop Introduces Vegan Skincare in the UAE [4264-Views]
MG International Fragrance Company Reinforces Presence in the Growing Middle East Region [4202-Views]
Opening Day of 22nd Edition of Cityscape Sees Numerous New Developments Showcased inside D... [3870-Views]
Dubai Islamic Bank Successfully Prices USD 750 Million Inaugural Sustainable Sukuk [3489-Views]
Jaeger-Lecoultre Participates in the 30th Edition of Jewellery Arabia Bahrain [3321-Views]
Dubai's Real Estate Market Continues to Ride High on Strong Investor Confidence [3272-Views]
Sita Strengthens its Partnership with Geneva Airport, helping Transform the Passenger Expe... [2903-Views]
Large Audience Attend Taha Hussein Days at Mohammed bin Rashid Library [2899-Views]
Dubai's 3 Day Super Sale Starts Friday with Deals of up to 90% off across the City [2870-Views]
5th Combined Gulf Cancer Conference to See Stellar Lineup of Policymakers, Scientists, Can... [2829-Views]
Burj Khalifa by Emaar to Host a Cutting-Edge Laser Light Extravaganza and Phenomenal Firew... [2821-Views]
Dubai Customs Launches Awareness Campaign on Digital Services for Passengers [2763-Views]
Dubai Future Foundation Announces Winners of the Smart Toys Competition 2.0 [2755-Views]
Samsung MENA Launches the First-ever Roblox ‘Space Cup' Football Tournament [2743-Views]
Michelin Star Chef and UK Consul General Welcomed for Jumeirah College Bake Off [2722-Views]
Former Man City Star Micah Richards on Why He is a Big F1 Fan and How the Sport can help D... [2628-Views]
DLD Enriches its Participation in Cityscape 2022 with Innovative and Sustainable Real Esta... [2608-Views]
Global Village Announces Spectacular Celebrations to mark the 51st UAE National Day [2567-Views]
Dubai Health Authority Receives a High-level Delegation from the National Healthcare Group... [2550-Views]
Five Things to Know About how they're Delivering more Benefits for Travellers [2472-Views]
Waterfront Market unveils Dubai Consumers Shopping Preferences [2452-Views]
This Week, ‘Down To Earth' Celebrating all things Green returns to Jameel Arts Centre, Plu... [2448-Views]
Reel Cinemas will make UAE Cinema History by Giving an Incredible 51% Discount on All Movi... [2444-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories