Explaining Standard, Zero-Rated and Exempt Supplies in UAE VAT
July 2, 2024 ⚊ 1 Min read ⚊ Views 56 ⚊ BUSINESSVAT consultants in Dubai have often witnessed taxpayers getting confused to differentiate between the standard, zero-rated, exempted and out-of-scope supplies. Differentiating between different types of VAT ratings in the UAE is important as a clear bifurcation of the value of each supply must be furnished in the VAT returns.
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