Dubai Customs
This module provides a comprehensive overview of Dubai Customs policies, valuation processes, import procedures, and other key aspects related to customs operations.
Customs Course Module
- Understanding the Rate of Duty
- Valuation Techniques for Goods
- Essential Documents Required for Importing Goods
- Overview of Cargo Manifests
- Step-by-Step Guide to Goods Clearance
- Exploring the Customs Suspended Zone (Free Zone)
- Different Types of Declarations for Mainland and Free Zone Companies
- Importance of Stock Audits in Compliance
- Customs' Role in the VAT Framework
- Addressing Current Issues in Customs and VAT
Excise Tax
The objective of this module is to equip participants with a comprehensive understanding of the Excise Tax system in the United Arab Emirates (UAE), covering its definition, implementation, impact on consumers and businesses, as well as compliance measures.
Excise Course Module
Topic 1: What is Excise Tax?
- Overview of Excise Tax
- Excise Tax in GCC
- How Excise Tax Works?
Topic 2 : Excise Tax on Sweetened Drinks and Energy Drinks
- Meaning and form
- Case Studies
- Definition, Classification and Identification of Energy Drinks
Topic 3 : Excise Price Valuation
- Identifying the Designated Retail Selling Price
- Average Retail Selling Price Calculation
- Identifying Different Retail Selling Prices
Topic 4: Designated Zones
- Introduction to Excise Designated Zones (DZ)
- Benefits and Advantages of Operating within a DZ
- Excise Tax DZ Scenarios and Applications
Topic 5: Lost and Damaged Goods
- Handling Deficient or Missing Goods
- Excise Tax Relief in Case of Lost and Damaged Goods
- DZ Entities and Mainland Entities
Topic 6 : Deductible Excise Tax
Topic 6: Excise Tax Compliance
ABOUT THE TRAINERS
Sivakumar Ganapathy
Sivakumar Ganapathy, a Senior Finance Executive with 20+ years of experience in accounts, finance, audit, and administration, holds esteemed qualifications including CPA, CA, CWA, CIA, CISA, ACAMS, and more. As a Financial Expert at Dubai Customs, he provided expert opinions and conducted thorough reviews, previously overseeing budgeting and MIS reporting at AW Rostamani Lumina LLC.
Gaurav Shivhare
Gaurav Shivhare, a seasoned Senior Manager in Taxation, brings extensive international tax advisory and compliance experience. Currently with WTS Dhruva Consultants, he has a rich background in tax consultancy, including roles at PwC India and Motilal Oswal Financial Services Ltd. Gaurav, a Chartered Accountant in England & Wales and India, offers a unique perspective on global tax matters, specializing in indirect tax and ongoing pursuit of the Chartered Tax Advisor (CTA) qualification.
