Explaining Standard, Zero-Rated and Exempt Supplies in UAE VAT

Standard-Rated Supplies of VAT

As per the regulations of VAT in the UAE, standard-rated supplies are those charged with 5% tax at the time of the supply.

Zero-Rated Supplies of VAT

Zero-Rated Supplies are supplies that are rated at 0% and not 5%. Zero-rated supplies under VAT in the UAE must be properly declared in the VAT returns submitted during every tax period.

Exempt Supplies of VAT

Out-of-Scope Supplies of VAT

Source:  Jitendra

 

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