Will VAT be paid on imports?

VAT is expected on the merchandise and enterprises acquired from abroad. On the off chance that the beneficiary in the State is an enlisted individual with the Federal Tax Authority for VAT purposes, VAT would be expected on that import utilizing a turnaround charge system. In the event that the beneficiary in the State is a non-enlisted individual for VAT purposes, VAT will be required to be paid before the merchandise are discharged to the individual according to Article (50) of government declare Law No (8) of 2017 on Value Added Tax.

Faqs | 👁 1222 | Posted October 21, 2018 | Share on Facebook | Twitter | Google+

| Modified: October 21, 2018 | Author: