Changes in VAT Refund Template

Sarika DhamejaSarika Dhameja    09 November 2020
Changes in VAT Refund Template

Federal Tax Authority (FTA) in UAE has recently updated the VAT Refund Template. We have summarized changes that has been introduced though the new refund template. Amongst others, it appears that refund claim for multiple tax periods can now be applied by VAT registrants through submitting single VAT refund template.

Further, a column on 'Tax Invoice/Tax credit note Received Date' has been added under the tab on Box 9 - Input VAT, which is in line with conditions for recovering Input VAT.

Interestingly, the new refund template still does not seek information on 'Date of Intention to Pay' for recovering Input VAT, when the same is already a part of 'Audit Information Request' template provided by FTA.

Please find below summary of changes made under the new template viz-a-viz the old template.

Sr.No. Tab Changes in the new format
1 Required Information “Tax Return Period” has been amended to “Tax Return Periods”. Therefore, it appears that VAT Refund for multiple Tax Periods could be filed with a single application.
2 Standard Rated Sales – Box 1 The following columns have been added in the required list of information:
1. Tax Payer TRN**
2. Company Name / Member Company Name (If applicable) ***
3. Reporting period (From DD/MM/YYYY to DD/MM/YYYY format only)
4. VAT Adjustments (if any)
3 Out of scope Sales The following columns have been added in the required list of information:
1. Tax Payer TRN**
2. Company Name / Member Company Name (If applicable) ***
3. Reporting period (From DD/MM/YYYY to DD/MM/YYYY format only)
4. VAT Amount AED
5. Reason of Out-of-Scope Sales treatment
4 Tourist Refund Adjustment – Box 2 This is a new tab that has been added in the format.
5 Import of Services – Box 3 The following columns have been added in the required list of information:
1. Tax Payer TRN**
2. Company Name / Member Company Name (If applicable) ***
3. Reporting period (From DD/MM/YYYY to DD/MM/YYYY format only)
4. Location of the SupplierUnder the old template this was part of ‘Supplies subject to Reverse Charge Provisions’.
6 Zero Rated Sales – Box 4 The following columns have been added in the required list of information:
1. Tax Payer TRN**
2. Company Name / Member Company Name (If applicable) ***
3. Reporting period (From DD/MM/YYYY to DD/MM/YYYY format only)
4. Location of the Customer
7 Exempt Supplies – Box 5 The following columns have been added in the required list of information:
1. Tax Payer TRN**
2. Company Name / Member Company Name (If applicable) ***
3. Reporting period (From DD/MM/YYYY to DD/MM/YYYY format only)
8 Goods Imported into UAE – Box 6 The following columns have been added in the required list of information:
1. Tax Payer TRN**
2. Company Name / Member Company Name (If applicable) ***
3. Reporting period (From DD/MM/YYYY to DD/MM/YYYY format only)
4. Location of the Supplier
5. Name of the Customs Authority
6. Customs Declaration Number
9 Adjustment – Goods Import – Box 7 This is a new tab that has been added in the format.
10 Standard Rated Purchases – Box 9 The following columns have been added in the required list of information:
1. Tax Payer TRN**
2. Company Name / Member Company Name (If applicable) ***
3. Tax Invoice/Tax credit note Received Date – DD/MM/YYYY format only
4. Reporting period (From DD/MM/YYYY to DD/MM/YYYY format only)
5. VAT Amount Recovered AED
6. VAT Adjustments (if any)
11 Supplies subject to RCM – Box 10 This is a new tab that has been added in the format.

 

 

* It has been specified under the Refund Template that Tax Invoice/Tax credit note Date should be in DD/MM/YYYY format
** TRN of Refund applicant
*** Name of Refund applicant

Article contributed by: CA Mradul Gupta, Sarika Dhameja and Harsha Jain

Disclaimer: Content posted is for informational & knowledge sharing purposes only, and is not intended to be a substitute for professional advice related to tax, finance or accounting. The view/interpretation of the publisher is based on the available Law, guidelines and information. Each reader should take due professional care before you act after reading the contents of that article/post. No warranty whatsoever is made that any of the articles are accurate and is not intended to provide, and should not be relied on for tax or accounting advice.

You can access Law including Guidelines, Cabinet & FTA Decisions, Public Clarifications, Forms, Business Bulletins for all taxes (Vat, Excise, Customs, Corporate Tax, Transfer Pricing) for all GCC Countries in the Law Section of GCC FinTax

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