Articles

UAE

Input Credit and Tax Payments under UAE VAT

CA Deepak Bharti on 26 April 2020
VAT in UAE is a general consumption tax which will be levied on the majority of transactions of goods and services unless specifically exempted by the Law. Unde..

UAE

Returns and Procedures under UAE VAT

CA Deepak Bharti on 21 December 2019
Returns and Procedures under UAE VAT Article (71) of the Decree Law VAT Return, also known as Tax return is a periodical statement which a registered pers..

UAE

Registration Provisions and Procedures under UAE VAT

CA Deepak Bharti on 14 December 2019
Being registered under the VAT law means that a business is acknowledged by the government, as a supplier of Goods and Services and is authorized to collect VAT..

UAE

Valuation of Supplies, Job Work and Transitional Provisions under UAE VAT

CA Deepak Bharti on 01 December 2019
Valuation of Supplies under UAE VAT Being a completely new form of indirect taxation there are many questions in the minds of the organizations. One of the m..

UAE

Date and Place of Supply Rules of UAE VAT

CA Deepak Bharti on 29 November 2019
The tax which has been levied and needs to be assessed, will require a specific date to be established for the transaction for taxpayer and tax administration t..

UAE

Important Definitions and their meaning as per UAE VAT

CA Deepak Bharti on 28 November 2019
In the application of the provisions of this Decree-Law, the following words and expressions shall have the meanings assigned against each, unless the context o..