Industry leaders say tax on making-charges only would help the metal keep its sheen
Industry leaders say tax on making-charges only would help the metal keep its sheen
Set to be implemented from January 1, 2018, the five per cent tax will be applicable to both petrol and diesel.
Companies can deploy e-invoicing and e-archiving solutions for compliance
The 5 per cent tax is set to be imposed on the import and supply of goods and services at each stage of production and distribution.
The UAE will implement five per cent VAT on goods and services from January 2018 as part of a GCC-wide agreement
Supplies of IT companies shall be taxable with five per cent VAT in the GCC countries
VAT, set to be implemented across all GCC countries over the next two years, will bring a new revenue stream for the national economy and GDP.
Site includes information about tax body, as well as introduction of different types of indirect taxes
The introduction of 5 per cent consumption tax is likely to have implications across business functions