Reverse Charge Mechanism

Who pays VAT in reverse chage mechanism?

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Banan

23/07/2019 15:02:05
Replies
Banan23/07/2019 15:11:43

Under UAE VAT Law, the responsibility to pay tax to government is on the supplier who is making taxable supplies. Under reverse charge mechanism, the recipient or the buyer of goods or services is responsible to pay the tax to the Government. The main change is the shift in the responsibility of paying tax, which is moved from the supplier to the buyer.

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