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UAE VAT treatment on temporary export and re-import

Company temporarily exports goods outside UAE. Such temporary export may be for the purpose of exhibition, auction or display, etc. At the time of export, Company files export declaration which specifically states that goods are temporarily exported along-with other official and commercial evidence. Subsequent to exhibition, auction, display, etc. such goods are re-imported in UAE by filing required documentation. On such re-importation, import duty is not paid and the given transaction is not getting auto-populated under Box 6 of the VAT return.

Source: gccfintax.com

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