In summary, in case a separate charge is made by a supplier for the gold-making service, such service shall be treated as taxable at the standard rate.
The supply of the gold itself (or a product mainly consisting of gold), insofar as meeting the conditions of Cabinet Decision No. 25, will be subject to the special reverse charge mechanism which applies to (pure) gold and silver, when made to a taxable customer.
Source: Aurifer
Latest Posts in "United Arab Emirates"
- UAE e-Invoicing 2026: Key Guidelines, Scope, Compliance, and Implementation Steps Released
- Key 2025 UAE VAT Law Changes: Five-Year Input Tax Limit, Anti-Evasion, and Import Simplification
- UAE Releases Electronic Invoicing Guidelines Ahead of Nationwide Rollout Starting July 2026
- UAE VAT Refunds for Non-Resident Businesses: 2025 Claims Open Until August 31, 2026
- UAE FTA Issues VAT Guide Clarifying Profit Margin Scheme for Second-Hand and Eligible Goods
