From an announcement, VAT in Dubai is evolving with a new zero-rated educational goods and services supply policy. However, the terms and conditions chart defines that the supply must be from any of the subsequent “qualifying educational institutions.”
Nurseries, Pre-schools, Schools
Higher educational institutions owned or affiliated by Federal or Local Government
The above of the qualifying institutions can recover the VAT that they have paid on related goods, at the time of tax return filing. The educational services from the entities that are not listed above, are subjected to the standard rate of 5%.
Here you can find apt answers to the common queries that the mass is looking for since the new VAT rules. Read the blog and understand the practical details before you miss out something
For further actions, you may consider blocking this person and/or reporting abuse
We're a place where coders share, stay up-to-date and grow their careers.
From an announcement, VAT in Dubai is evolving with a new zero-rated educational goods and services supply policy. However, the terms and conditions chart defines that the supply must be from any of the subsequent “qualifying educational institutions.”
Nurseries, Pre-schools, Schools
Higher educational institutions owned or affiliated by Federal or Local Government
The above of the qualifying institutions can recover the VAT that they have paid on related goods, at the time of tax return filing. The educational services from the entities that are not listed above, are subjected to the standard rate of 5%.
Here you can find apt answers to the common queries that the mass is looking for since the new VAT rules. Read the blog and understand the practical details before you miss out something