The UAE Implemented New VAT Regulations for Precio..

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The UAE Implemented New VAT Regulations for Precious Metals and Jewellery - Awatif Mohammad Shoqi Advocates & Legal Consultancy https://www.alrowaad.ae/legal-....blog/the-uae-impleme

The UAE Implemented New VAT Regulations for Precious Metals and Jewellery

The UAE implemented new VAT regulations under Cabinet Decision No. 127/2024 concerning the implementation of the reverse charge mechanism on precious metals and gemstones among VAT-registered businesses in the state. This new VAT regulation explains how VAT applies to gold, silver, diamonds, and other precious metals and gemstones in the UAE.

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