Q&A

UAE
Spelling Correction in one of Member in a Tax Group
Nusrat Abbas 29 November 2020
At the time Tax Group Registartion, one of members name has spelling error. Isthereany way to make correction in the member name in a Tax Group? ..
UAE
INPUT CREDIT
Muhibullah Khan 26 November 2020
Received Credit Note from landloard against rent adjustment AED 210,000.00 vat 10,500.00 which was claim in last quarter. For the current quarter input vat f..
UAE
Goods Imported for Trading but self used for a period & then sold
Nusrat Abbas 25 November 2020
In a case, a company imports LCD for trading and apply RCM and few LCD werefixed at various its owndisplay centres across UAE, after period of 6 months, these L..
UAE
VAT on Gift Voucher along with Service Fee
Naseer 24 November 2020
Hello, we bought few Gift Vouchers on behalf of our client in UAE. Now we have to raise the invoice of the same along with our service fee. Here VAT will be app..
Rent on Bare Land
Mahesh Jain 18 November 2020
Hi, Is rent generated on bare land taxable? ..
UAE
Bonus/Incentive VAT Treatment
Nusrat Abbas 18 November 2020
In a case where local/Foreign Principal pays Quaterly/Annually an amount of Bonus/Incentive against acheving the Targets ofAmount/Quantity of supplies upon sati..
KSA
Place of supply for KSA based customer
Sami 16 November 2020
Hello, I will like to know what will be the place of supply incase price is charged separately for material and for assemblyfor a Saudi Arabia based customer. H..
UAE
Foreign Principal funds the Discount for the Local Supply
Ahmed 16 November 2020
In case where third party fund the discount which is provided to the customers for local supplies of goods, The discount funded amount can betreated as export i..
KSA
Effect of WHY on VAT
Habeebunnisa 15 November 2020
Reverse charge VAT should be discharged on Amount including WHT or Net of WHT ..
Interest Income on inter group loan
Nitesh Jain 10 November 2020
Hello, We have earned interest income on inter group loan. Is it to be reportedunder exempt supplies. Please advise. ..

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