Atlanta's Elite Fashion and Entertainment Consultants
Input tax is the tax paid by a person on purchases or inward supplies. A major element of VAT in UAE is the provision to recover the tax paid on inputs. This means that a person can reduce the value of input tax eligible for recovery from the tax payable and only pay the balance amount as tax. This ensures that tax is paid only on the value-added at each stage in the supply chain. Hence, the amount of input tax eligible for recovery plays an important role in the cash flow and operating…
ContinueAdded by tallysolutionsdubai on March 4, 2020 at 1:35pm — No Comments
Welcome to
Divas Unlimited Inc
© 2024 Created by Diva's Unlimited Inc..
Powered by