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VAT Return in the UAE

8 October, 2020 / By admin

According to the provisions of the UAE VAT Law, a taxable person is responsible for VAT Return Filing in the UAE within 28 days from the end of the tax period. VAT Return Filing can be submitted online in the Federal Tax Authority (FTA) portal online. The Form used for VAT Return Filing is called Form VAT 201.

GST Is Here

4 August, 2017 / By admin

The Modi government rolled out the much talked about Goods and Services Tax (GST) on the midnight of June 30 The GST Council has fixed the tax rates for 1,211 items, keeping a majority of these in the 18% slab.

GST Rates

4 August, 2017 / By admin

Most of the goods and services have been listed under the four broad tax slabs – 5 per cent, 12 per cent, 18 per cent and 28 per cent. Some items like gold and rough diamonds have exclusive tax rates while some have been exempted from taxation.

Goods & Services Tax (GST)

4 August, 2017 / By admin

GST was first announced in 2000 by the then government. Seventeen years later it is now a reality with the date for implementation set for July 1, 2017. Since 3rd August, 2016, when the Rajya Sabha first passed the bill introducing GST in the 122nd Amendment of the Constitution,

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