Invoice

13 June 2018
Posted by Roohi Shabir
Reverse Charge Mechanism

Introduction – Reverse Charge Mechanism in UAE VAT Reverse Charge Mechanism is a process under which responsibility of paying tax to Government shifts from seller to buyer, unlike in the...

Continue Reading
09 June 2018
Posted by Roohi Shabir
exempt supply invoice

Exempt Supply Invoice Exempt Supply means goods and services sold by the companies are free from VAT. No VAT will be charged on these goods & services. Exempt supplies are...

Continue Reading
08 June 2018
Posted by Roohi Shabir
VAT Payment in UAE

Download Free UAE VAT Calculator Introduction The inception VAT form of taxation makes it mandatory for the VAT registered entities to file returns to pay tax every quarter that is...

Continue Reading
05 June 2018
Posted by Roohi Shabir
Dubai Customs Clearance

What is Export Invoice? Export invoices are a critical component of the export paperwork. Invoices indicate the buyer and seller of the goods, a description of the items, their value...

Continue Reading
02 June 2018
Posted by Roohi Shabir
Tax Invoice

Introduction Tax invoice is  issued for taxable supply of goods & services. Tax invoice majorly contains details like description, quantity, value of goods/service, tax charged thereon and other particulars as...

Continue Reading
01 June 2018
Posted by Roohi Shabir
GCC Supply Invoice

Introduction The Member states of the Gulf Cooperation Council, namely (United Arab Emirates, Kingdom of Bahrain, Kingdom of Saudi Arabia, Sultanate of Oman, State of Qatar and State of Kuwait)have...

Continue Reading
29 May 2018
Posted by Roohi Shabir
Filing VAT Returns under Profit Margin Scheme

The VAT Margin scheme is designed to be used by VAT registered businesses that buy and sell secondhand goods, works of art, antiques and collector’s items. It allows the seller...

Continue Reading
21 May 2018
Posted by Roohi Shabir
Simplified Tax Invoice

What is a Retail Invoice or Simplified Tax Invoice A Retail invoice or Simplified Tax Invoice is issued by a registered dealer to a unregistered dealer, A purchaser cannot claim the...

Continue Reading