Procedures and Returns under UAE VAT Article (71) of the Decree Law VAT Return, also known as ‘Tax return’ is a periodical statement which a registered person needs to submit to the authority. The details and data to be furnished in the VAT return for
Registration under UAE VAT Registration under UAE VAT law means that a business is acknowledged by the government, as a supplier of Goods and Services and is authorized to collect VAT from customers and remit the same to the government. Only VAT registered businesses will be
Original copy of GST AAR of KPH Dream Cricket Pvt. Ltd. In the GST AAR of KPH Dream Cricket Private Limited. Applicant has raised the query regarding the nature of the “Complimentary Tickets”. Whether they are considered as supply or not. The GST AAR of KPH Dream
GST Case-17- K.P.H. Dream Cricket (P.) Ltd In the GST Case of the KPH Dream Cricket private limited, the applicant has raised the query regarding the nature of the “complimentary tickets’” given by the applicant. Following is the discussion on the GST case of KPH
Taxability of works contracts for PSU in GST There is a huge number of works contracts for PSU in GST . Many contractors work for various government entities for construction projects. The Contracts done for PSU’s are covered in both notification no. 12/2017 and 13/2017
Comprehensive Checklist for GST Audit by CA Pragya Singh As the year is ending, the date for filing the GSTR-9 and GSTR-9C is getting closer. The GSTR-9 is for annual return and GSTR-9C is for the audit report. So, let us know more about what
Valuation of Supplies, Job Work and Transitional Provisions under UAE VAT Valuation of Supplies under UAE VAT Being a completely new form of indirect taxation there are many questions in the minds of the organizations. One of the most important questions is what is valuation
Input Credit and Tax Payments under UAE VAT VAT in UAE is a general consumption tax which will be levied on the majority of transactions of goods and services unless specifically exempted by the Law. Under this, VAT is charged at every stage of ‘Value
Date and Place of Supply under UAE VAT The tax which has been levied and needs to be assessed, will require a specific date to be established for the transaction for taxpayer and tax administration to carry out the quantification. This article provides for the
Introduction of VAT in UAE GCC i.e. Gulf Cooperation Council is a political and economic alliance of six middle eastern countries- Saudi Arabia, Kuwait, UAE, Qatar, Bahrain and Oman. The GCC was established in Saudi Arabia in May 1981. The objective of the GCC is
