VAT’s UP

VAT Administrative Exceptions User Guide

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FTA has introduced the VAT Administrative exception formality where taxable persons can seek concessions /exceptions as per VAT laws for the following categories:

Tax Invoices – Exceptions for raising tax invoice or not mentioning particulars required.

Tax Credit Notes – Exceptions for not raising tax credit notes or not mentioning particulars required.

Length of Tax Period – Tax Period Change to Monthly, Quarterly or Half yearly.

Stagger of Tax Period – Staggering of tax period to end with the month requested by tax payer.

Extension of time for exports – Extension for physical export of goods beyond 90 days.

FTA may take 40 business days on Decision for Tax Invoice, Credit Notes, Tax Period Length or Staggering of Tax Period.

FTA may take upto 20 business days for Decision on export of goods extension.

VAT-Administrative-Exceptions-Form