The amendment clarifies that the reverse charge mechanism will only apply to “Pure hydrocarbons” (any of the various pure compounds of the chemical formula consisting solely of hydrogen & carbon (CxHy)).
Source: hlbhamt.com
Latest Posts in "United Arab Emirates"
- UAE FTA Issues New VAT Directives on Digital Currency, Insurance, and Group Exits
- UAE VAT Deemed Supply Exceptions and Threshold Rules
- UAE VAT Refunds for New Residences Rise 27.5% in First Half of 2026
- How should deemed supplies of services be valued?
- UAE FTA Clarifies VAT on Crypto Conversions and Life-Insurance Fees














