Thank you Sir for sharing this video. Very detailed explanation. I'm searching for school Accountant job So, can you please explain about VAT application in schools, and what all are exempted from VAT in school Accounting.
Hi. There was a carried forward adjustable VAT of AED 12000 when I submitted my previous quarter's VAT return. Now when I completed VAT 201 form this quarter, the previous carried forward adjustable VAT is not showing on my VAT return. What is the reason and how to resolve this issue?
I purchased ( Vat Not Charged on Purchase) gold bars to resell and investment purpose . How it will be treated. Whether it will be Zero Vat or should we have to declare in Vat returns
Please confirm. When free zone company move imported goods to Dubai inland to export these goods outside UAE like Pakistan from Dubai airport then in VAT whether these sales will be zero rated or out of scope sale
we are startup having a few clients in Saudi Arabia, Qatar like GCC countries. The sevvice we do is website development. Location view we provide this service from UAE, client and user based outside UAE. In this case place of supply is GCC country or UAE ?
Hi @travelexporer77, if the service is provided to a client located outside UAE, it is generally zero-rated provided the service recipient should be outside UAE at the time the services are provided and they should not have a place of residence in the UAE.
Please go to VAT 211 form and check the status of voluntary disclosure - whether it’s drafted or submitted (VD- will not be submitted unless there is a net VAT difference of AED 10,000 or more). If you have submitted changing the amounts resulting in a difference of net VAT of AED 10,000 or more then a penalty will come for the submission. You may apply for a reconsideration in that case and plea for penalty waiver.
Hi, I have a VAT registered business in UAE. I now have a branch in RAK. Please guide do I need to add my branch company in my FTA VAT portal ? Or shall I creat group VAT?
Hello, Dear Manu Nair your videos are very helpful.....I had one question to ask.......I am running a Transportation company in UAE. We can pickups, truck trailers for delivery goods and forklitfer for loading. My question is as per your above example......produce, factory, wholesaler and retailer. In this all goods are transfer by means of transport vehicles. So what about VAT on transportation. Once we charge rent of transportation should we ask for VAT and later on pay VAT to government?????Please explain this issue.......I shall be very thankful to you.
Sir, if an invoice total amount is 10000 and vat is 500.if we make a credit note of 1000 without vat .then in filing we will put 9000 total amount and vat 500.it is right or not.Please Reply me
This video can understand anybody (superb) good and clear explanation
Thankyou very much!
Good Day Sir, very nice explanation for the beginers, even though they are in a will to come UAE .
GOOD JOB THANK YOU
Thankyou very much
Very Good Explained Sir, in simple way
Quite an informative video, thank you for sharing.
Thank you Sir for sharing this video. Very detailed explanation. I'm searching for school Accountant job So, can you please explain about VAT application in schools, and what all are exempted from VAT in school Accounting.
Hello
If we are importing goods from other countries to UAE how does the VAT procedure work ?
you are doing an amazing job! Thanks
Thank you sir I understand the vat procedure
Very Well explained.
Hi. There was a carried forward adjustable VAT of AED 12000 when I submitted my previous quarter's VAT return. Now when I completed VAT 201 form this quarter, the previous carried forward adjustable VAT is not showing on my VAT return. What is the reason and how to resolve this issue?
Hi Sir! Just noticed that Stationery is supposedly 300 not 250. Total of Net Tax Payable is 4,450. Correct me if i'm wrong. Thank you!
Yes correct
he mentioned that they might have purchased from unregistered dealers and hence 250 and not 300
Which accounting software should be learned if going for job in uae
Thanku
I purchased ( Vat Not Charged on Purchase) gold bars to resell and investment purpose . How it will be treated. Whether it will be Zero Vat or should we have to declare in Vat returns
Very nice 👍 informative
Nice explanation sir, Thanks
Thank you so much!!!
good class... I understood very well now
Dear Sir, thankyou so much for appreciation.
Sir if I want a proper class on quick books software is this possible
Can You Please explain if our customer is paying to supplier on our behalf for any material? And what will be the transection as he already paid vat?
Sir,we can claim the VAT in NESTO Supermarket without receiving TRN# and my company name but only normal invoice to receive.
Please confirm. When free zone company move imported goods to Dubai inland to export these goods outside UAE like Pakistan from Dubai airport then in VAT whether these sales will be zero rated or out of scope sale
we are startup having a few clients in Saudi Arabia, Qatar like GCC countries. The sevvice we do is website development. Location view we provide this service from UAE, client and user based outside UAE. In this case place of supply is GCC country or UAE ?
Hi @travelexporer77, if the service is provided to a client located outside UAE, it is generally zero-rated provided the service recipient should be outside UAE at the time the services are provided and they should not have a place of residence in the UAE.
Sir, which tax system in uae befor vat?
Sir can you explain about CA articleship in UAE how many year course and exams ?
Good galss☺️
An unxperienced person in VAT looking for a job in uae to learn both accounting and VAT process😉
Hello Sir.I made a mistake by clicking on submit voluntary disclosure.. Now payment history showing a credit amount. How to rectify that
Please go to VAT 211 form and check the status of voluntary disclosure - whether it’s drafted or submitted (VD- will not be submitted unless there is a net VAT difference of AED 10,000 or more). If you have submitted changing the amounts resulting in a difference of net VAT of AED 10,000 or more then a penalty will come for the submission. You may apply for a reconsideration in that case and plea for penalty waiver.
@@Emiratescagroup Thanks for the reply ....How to plea for penalty waiver if possible can you explain ...
Hi, I have a VAT registered business in UAE. I now have a branch in RAK. Please guide do I need to add my branch company in my FTA VAT portal ? Or shall I creat group VAT?
Hello, Dear Manu Nair your videos are very helpful.....I had one question to ask.......I am running a Transportation company in UAE. We can pickups, truck trailers for delivery goods and forklitfer for loading. My question is as per your above example......produce, factory, wholesaler and retailer. In this all goods are transfer by means of transport vehicles. So what about VAT on transportation. Once we charge rent of transportation should we ask for VAT and later on pay VAT to government?????Please explain this issue.......I shall be very thankful to you.
VAT 0552405099
Yes when you issue the invoice than you mention vat on it and you have to pay it it doesn't matter you collect money later
sir.if we make an invoice to customer in sep-18.but we forget at the time filing.now what will we do.if we already paid the sep-18 vat
Sir, if an invoice total amount is 10000 and vat is 500.if we make a credit note of 1000 without vat .then in filing we will put 9000 total amount and vat 500.it is right or not.Please Reply me
following your channel! thanks for info
Thankyou @EnvistaHomes PH, we are glad to have you.
What is the process about negitive vat
Very good explanation 💗
Thankyou @MIXR TRAINING
Well explained
Thankyou Sheela.
Super
Good
Thank you sir..
Welcome Arab.
nicely put . thank you .
Thankyou Sir!
Sir i have done m. Com and ATC course from icai with 7years experience in India I want to job in Dubai please guide me
Sir.can we file vat for received amount only?or we have to file as per transaction
normally need to file as per transaction but some criteria are there to determine the tax point
Hi @Muhammad Idrees , we have to file the returns based on invoices and not based on receipts.
Hello UAE accountant can any one help me
In case of zero rate supply I have to issue tax invoice?
Thank you
We can claim VAT petrol bill of personal car manager / chairman vehicle.
If using vehicle for company purpose
Reply me.
Dear Siraj, you cannot claim as the car is available for personal purpose.
thanks
kindly tell output sales which is only taxable
and which is not taxable where should i entry
Is it 100 + tax or 95.23*5%=100
Sir i am in dubai and i want to work with you
Dear sir , How can i retrieve my lost federal tax ID & Password?
Dear Praseetha, we suggest you to go to FTA with your TRN.
anyone pay this on half payment
I'm Muslim can I work with you?
Are you malayali ?. because i can easily understand ur language 😑😑
DEAR SIR IF YOU EXPLAIN THIS TO URDU LANGUAGE THAT WILL BE GOOD
🤣 hindi may bhi bohat mushkil baat hai kay samjha day
End ko yend, authority ko adhority bool raha hai
If good supplies to Dubai to Qatar vat is applicable??
No it is exported