The concept of ‘Deemed Supply’ (DS) is included in scope of tax as per UAE VAT law (Law). Definition of DS as per law includes supply of goods or services made without consideration. The law also states that supplies made without consideration would not be DSif: a) no input VAT (IV) is recovered for the related goods or services procured OR;b)Output VAT (OV) at the cost value of such DS is paid.
Source: gccfintax.com
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