Responsibilities in Reverse Charge

Home Forums VAT in UAE Responsibilities in Reverse Charge

This topic contains 1 reply, has 2 voices, and was last updated by  VatExpert 2 months, 2 weeks ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #3917


    What are the responsibilities of buyers and sellers under the reverse charge mechanism?



    Buyers and sellers should make sure they adhere to the following rules:
    • Every registered business owner must keep proper records of their supplies that incur reverse charge.
    • Invoices, receipt vouchers, and refund vouchers must all specify whether the tax payable for that particular transaction is through reverse charge.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

Comments are closed.