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VAT treatment on Complimentary Services provided at FOC

06 Oct, 2021

The Company being engaged in Hospitality Sector, is a resident in UAE and has a valid trade license to carry out business related activities in UAE. The Company is registered with the Federal Tax Authority of UAE. The Company is providing hospitality services complimentary (i.e., free of cost) to few of its VIP customers as a part of business promotion strategy. Company has recovered Input VAT against such services as well...


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