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What is "regarded supply" and "exempted supply"?

Any supply that is considered as an assessable supply (and not exculpated from VAT bearings) under the Federal Decree Law no. (8) Of 2017 by the Ministry of Finance of UAE are considered as "regarded supply" under the new VAT laws. Exempted supply fuses the extent of arrangements of items and adventures that are under idea while coordinating business in UAE without any charges due or payable as per the Federal Decree Law no. (8) Of 2017.

Faqs | 👁 739 | Posted October 21, 2018 | Share on Facebook | Twitter | Google+

| Modified: October 21, 2018 | Author: