Rahib Tinwala on 23 February 2022
The comapny which is in the business of trading gold and jewelleryimported Pure Gold from outside UAE. The import of pure gold reflected in Box 6 of VAT Return ..
Rahib Tinwala on 28 January 2021
While forming VAT group of 3 companies one of the company is not registered in VAT. So for that one company is itnecessary to cross threshold registration limit..
Rahib Tinwala on 14 September 2020
In 2020 UAE government supplied a residential building containing 13 floors which is constructed in the year 2000 to a company which will sub-lease the resident..
Rahib Tinwala on 09 September 2020
A religious entity has a "place of worship license" issued by the Department of Community Development earn revenue from the following
1) Offertory
2) Volunta..
Rahib Tinwala on 11 June 2020
A company purchases a New Mortor car on 01/01/2017 (Pre VAT Period) for AED 100,000. On 31/05/2020 the motor car is sold for AED 15000. The depreciated value of..
Rahib Tinwala on 30 May 2020
A UAE National enters into a contract with ENOC for 20 years lease agreement in 2010 with the condition that yearly rent will be payable in advance every Novemb..
Rahib Tinwala on 19 May 2020
A UAE National registered with FTA with effect from 01.01.2018 because he has taxables supplies in form of leasing of commercial properties. From April 2018 he ..
Rahib Tinwala on 18 May 2020
Company gotVAT registration from 01/11/2019 on quaterly basis. Input VAT charged by the contractor forconstruction of residential and commercial unit is AED 1.5..
Rahib Tinwala on 15 May 2020
We have input tax credit of AED1 million on the construction of 48 residential units and 2 commercial units before January 2020. We got registration on January ..
