Halil Erdem (MiddleEast) on 18 November 2021
VAT is a tax on consumption. It affects all of us when buying goods and services. Whether were buying groceries or browsing the internet for impulse buys. The s..
Chirag Agarwal on 15 November 2021
Do you know input tax on prepopulated import of goods can be claimed only if the ownership of the goods is being transferred before the physical delivery of the..
Chirag Gupta on 25 October 2021
Just to give a brief background, The UAE Cabinet issued Decision No. 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on Administrative..
Osama Kurdi on 16 October 2021
1. Overview
Zakat, Tax and Custom Authority [ZATCA] has recently published E-Invoicing Regulations including the Control Requirements, Technical Specificatio..
Chirag Gupta on 16 October 2021
Today we are going to discuss about Profit Margin Scheme. As per UAE VAT Law under normal circumstances, the 5% VAT is calculated on the sales price. However, t..
Chirag Agarwal on 09 October 2021
Do you know VAT Paid on unpaid customers which is outstanding for more than 6 months could be adjusted in the subsequent VAT return. There is a specific tab cal..
Alfredo Collosa on 06 October 2021
The digital age is shaping the world of tax into an entirely different format. It not only shifts the relationship between taxpayers and tax authorities, but al..
Fiaz Ahmad on 05 October 2021
Recently completed three tax audits by the Federal Tax Authority (FTA) and there are few crucial points to address for the efficiency and ease of Audit for ever..
Mayank Ahuja on 30 September 2021
The rise of e-commerce has radically altered the worldwide retail market. However, this global trend, that has changed the dynamics of buyer behavior,as well as..
CA Rajiv Hira on 28 September 2021
ISSUE OF INVOICE OR RECEIPT OF CONSIDERATION BEFORE THE DATE OF CHANGE (EXPECTED DUE DATE (EDD))
Under the general VAT rules, in the event of the issue of a ..
