What Consumers Must Check in a Tax Invoice in UAE
Accounting

What Consumers Must Check in a Tax Invoice in UAE?

As a consumer in UAE, you are aware that VAT has been implemented in the country. You have also paid VAT on many purchases since then. However, there have been certain cases which have come to the fore now where suppliers have charged and collected VAT from consumers, though they are not authorized to do the same. As consumers, it is understandable that our knowledge of the intricacies of the VAT Law will be limited. However, you do not need to worry. With this simple checklist, you can ensure that you are receiving a genuine Tax Invoice for your purchase.

This can be a basic checklist for you to ensure that you are paying VAT to genuine suppliers. This, along with the provision for any person to verify the validity of a TRN, gives great power in the hands of consumers to ensure that they are not cheated.

Hence, these 4 things need to be checked by consumers when they receive invoices for their purchase. Note that a TRN (Tax Registration Number) is the identification number given to every registered business under UAE VAT. A business cannot charge VAT without being registered and holding a TRN. Additionally, in case you suspect that the TRN mentioned by the supplier is not true, you can verify its validity. We have explained the process for this in our article ‘How to verify whether a TRN is valid’. With these measures, you can ensure that you pay tax only to the businesses eligible to collect VAT.

For more information on these services, please contact us:

Tel: +971 43 23 1183
Mob: +971 55 899 5971
E-mail: mail@alnuaimiauditors.com


Ahmed Saleh Al Nuaimi Auditors and Accountants is a unique, high-spirited team of Certified Public Accountants ,  Chartered Accountants ,  Certified Management Accountants and Auditors making creative and innovative contributions to our clients and our community. The insights and quality services we provide help build trust and confidence among our clients. We offer an integrated array of specialized services including Audit, Accounting,Tax, Consulting and Advisory

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