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FTA records 655 Tax Violations amounting to Dh 71.48 m in Q2-2021
Dubai- August 8, 2021:
The Federal Tax Authority (FTA) conducted inspection checks of the local markets in tandem with the Ministry of Economy (MoE), Federal Customs Authority and other authorities.
It is astonishing to know that FTA recorded 655 tax violations amounting to Dh71.48 million in the second quarter of 2021. Around 2.86 million unregistered tobacco products without the Digital Tax Stamp (DTS) stamp were detected by FTA in addition to 202,000 other excise goods which include carbonated, energy and sweetened drinks/beverages.
FTA ramped up these inspections to ensure the compliance with tax procedures and protect consumers from trafficked products that do not adhere to quality specifications stipulated in the UAE.