FTA Update – VAT Guide issued by FTA for clarity of Apportionment

FTA has issued ?VAT Guide? for giving conceptual clarity and calculating the Input Tax Apportionment on VAT, A taxable person incurs various expenses which are subject to VAT while doing its business. This VAT can be taken as a credit by a taxable person where acquired goods and services are used, or intended to be … Continue reading FTA Update – VAT Guide issued by FTA for clarity of Apportionment