Import of pure gold

By Rahib Tinwala   on 23 February 2022


The comapny which is in the business of trading gold and jewellery imported Pure Gold from outside UAE. The import of pure gold reflected in Box 6 of VAT Return automtically.

My question is that whether we have to do negative adjustment in Box 7 of VAT Return and declare such import in Box 4 Zero rated of VAT Return as per executive regulations and VAT Return user guide.


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