VAT in UAE – Date of supply As per UAE VAT Law

As per Article (25) of the UAE VAT Law, earlier of the following is the date of supply:

1. Date of Transfer of Goods by supplier

2. Date of possession of goods by the recipient

3. Date on which installation completed (Goods supplied with assembly/ installation)

4. Date of import

5. Date on which recipient accepts the goods if there were supplied on returnable basis. Such date should be within 12 months from the date of delivery (Consignment sale)

6. Date of completion of Services

7. Date of receipt of payment

8. Date of Tax Invoice

Article (26) defines the date of supply in Special Cases as under:

1. Periodic Payment/ Invoicing –Where Periodic Payment/ Consecutive Invoices are within 12 months from the date of provision of Goods/ Service – Date of supply is the earliest of a. Date of Tax Invoice b. Due Date of Payment as per Invoice c. Date of receipt of payment

2. Vending Machines – Date of receipt of funds in machine (supply by machines/ deposit in supplier’s bank account)

3. Deemed Supply – Date of supply/ disposal/ change of usage/ date of Deregistration

4. Vouchers – Date of supply of voucher if supplied on higher value or date of utilization of voucher if supplied on face value

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