UAE VAT Law Amendment Requires Invoices for Imports to Recover Input Tax

This new legal requirement emphasizes the importance of ensuring that the foreign supplier’s invoice is received and booked prior to recovering VAT on import, which was not previously a legal requirement. For goods in particular, the invoice may be received after the actual import of goods, making it crucial to monitor this process carefully. A thorough reconciliation of the values automatically populated in Box 6 of the VAT return for import VAT incurred on imported goods and strong governance around this aspect of compliance is essential.

Source: gccfintax.com

---

---