The Kingdom of Saudi Arabia’s Ministry of Industry and Mineral Resources has announced its intention to expand customs duty exemption for several industrial products and materials starting from April 1.
The decision will assist businesses with valid import licenses in
reducing financial burdens and costs associated with importing specific products, thereby enhancing their competitiveness and profitability.
The duty exemption covers raw materials, semi-finished materials, finished goods, packaging materials, machinery, equipment, and spare parts.