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Axat Rathi

Latest Posts by Axat Rathi

Implementation of VAT in GCC (Gulf Cooperation Council) countries

September 13, 2017 2586 Views 0 comment Print

VAT is an indirect tax charged at each stage of economic activity throughout the supply chain. VAT would be applicable on majority of the business transactions with some relief or exemption. A significant milestone in the GCC was achieved when UAE along with Saudi Arabia, Bahrain, Qatar, Kuwait, and Oman announced the adoption of indirect tax system, namely VAT (Value Added Tax).

Guide to VAT refund for visitors to the EU (European Union)

September 13, 2017 3711 Views 0 comment Print

A visitor is any person who permanently or habitually lives in a country outside the EU. Your address as shown in your passport or other identity document will be taken as the place where you permanently or habitually live.

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