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Frequently Asked Questions

  What Is VAT?

A Value added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.

  What is standard rate of VAT in UAE?
  What is Thresh hold limit for vat registration in UAE?
  What is mandatory Registration?
  Is it mandatory to file VAT return if TRN is allotted?
  Is there any penalty on non-filing of VAT return?
  What is due date for filing VAT return?
  How to make payment for VAT?
  Can TRN be de registered if supply of below threshold limit?
  Is it mandatory to keep records/ invoices of business?
  What is Tax Group?
  Whether separate return is filed for all companies in Tax Group?
  What is Input Tax Credit?
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