Resulted Figures <250K in case of Annual Apportionment of Input VAT
If in case of annual wash-up under special mehtod of input VAT apportionment i.e. Sectororial (VAT Group) and resulted difference amount is < 250k ( AED: 5000 only - a differnece between tax recovered and resduial recoverable due to mix supplies).
In this scanaario, should apportionment adjustment need to pass or not as them diffrence amount is less than AED: 250K.
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The limit set for making adjustment is >AED 250k so it would not be required for value below this. But you need to make sure that your assessment is correct and have sufficient workings/documentation to support your claim. if the annual variance is around (more or less) the limit it is advisable to apply for special apportionment method. There was a recent article on input apportionment in GCC FinTax itself, please refer that.
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