Which all supplies are Exempt from VAT?
Which all supplies are Exempt from VAT?
06/01/2020 17:23:20
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Ketan Mangla 06/01/2020 17:24:46
As per Article 46 of the UAE VAT Law, the following supplies are exempt from VAT: - Financial services which are not conducted in return for an explicit fee, discount, commission, and rebate or similar etc. - Supply of residential buildings through sale or lease, other than that which is zero-rated. - Supply of bare land - Supply of local passenger transport
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