1. The General Customs Department shall collect the Tax due on imports in accordance with its procedures and transfer the Tax to the account determined by agreement between the Ministry of Finance and the Authority.
2. Notwithstanding paragraph (1) of this article, the Authority may allow a Taxable Person to defer the payment of Tax due on Goods imported for the purposes of an Economic Activity in accordance with the terms and conditions of the Regulations. The Taxable Person must declare the deferred payment in his Tax Return in all cases.
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