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Post: Tariffs on iron imports go until November 7

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Youssef Al Arabi (Abu Dhabi)

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Dubai Customs has extended the application of the 10% customs duty on imports of reinforcing iron and steel coils until November 7th.
The agency said that the decision was taken in addition to Customs Declaration No. 10/2022 and is based on a letter from the Federal Authority for Identity, Nationality, Customs and Port Security dated January 16, 2023, which included a letter from the Ministry. . Financing of January 13, 2023 on the increase in customs duties on iron and steel coils for reinforcement.
Since January 2019, UAE Customs offices have started to implement the Cabinet decision to increase the Customs Duty on Imports of Rebar and Iron Coil from 5% to 10% to combat dumping by foreign steel companies.

Source: Al Ittihad

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