Input Vat or Reverse Charge Mechanism on Export to GCC
We have imported goods into UAE and plan to export to some GCC state. My question is can we claim import VAT on such imported goods or we should charge VAT on such exports?
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Ujjwal Pawra10/12/2019 00:17:16
Import of good is subject to VAT by way of RCM. The credit should be recoverable subject to documents and ownership of goods. Export of goods should be zero rated assuming all the transactions take place in the mainland.
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