Import of pure gold

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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SAJITH N22/03/2022 10:07:50

Imports should not be reported under Box 4 since this field is meant to report Zero rated supplies made from your end only.

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