Transfer of goods from one designated zone to another is termed as import and qualifies for the fulfillment of import procedures. for registered dealers, VAT is not applicable on transfer of goods from one VAT designated zone to another VAT designated zone as per guide issued and FTA regulation.

FTA specifies separate procedures for transfer of goods from one designated zone to another by non-registered dealers.

  1. Details about goods being imported will be reported to the customs in customs declaration form by the importer
  2. The customs system will not allow editing once the declaration is sent to the FTA
  3. Obtain e-guarantee and reference number of e-guarantee from the bank which is equal to the value of VAT due on the import of goods
  4. Create e-services account on FTA portal as a new user and complete the e verification
  5. Log in to FTA portal and click on VAT
  6. Click on VAT 301 – import declaration form for VAT payment
  7. Fill the customs authority declaration number and date as obtained in step 1 then click on next
  8. The screen about declaration will open and the declaration details like TRN number, import date and destination etc. will be automatically retrieved. Click on next to open declaration details
  9. Details are automatically retrieved in declaration details about HS code, import value, Customs duty, CIF value etc
  10. Fill in the e guarantee number and click on verify e-guarantee
  11. Once the submission of the e-Guarantee is processed successfully, a confirmation message will appear on the screen providing the transaction ID and the amount.
  12. Email will be received after successful submission of e-guarantee
  13. After which the customs clearance process can be completed.

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The entire contents of this article is solely for information purpose and have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation.. It doesn't constitute professional advice or a formal recommendation. The author has undertook utmost care to disseminate the true and correct view and doesn't accept liability for any errors or omissions. You are kindly requested to verify & confirm the updates from the genuine sources before acting on any of the information's provided herein above.

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