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GCC VAT Newsletter – June 2019 Edition

Kingdom of Bahrain (Bahrain)

  • The NBR has published the guidance on input VAT recovery of motor vehicles and mobile phones
  • The NBR releases a VAT Manual on VAT Return Filing

Kingdom of Saudi Arabia (KSA)

  • Practical updates – The VAT Guides issued by the General Authority for Zakat and Tax (“GAZT”)
  • Guide on the Retail sector
  • Special Guide – Requests for explanatory decisions

United Arab Emirates (UAE)

  • Legal update – New Decision issued by the Federal Tax Authority (“FTA”) on Tax Invoices and Credit Notes
  • FTA published the VAT Administrative Exceptions User Guide
  • FTA issues a new public clarification (VATP012) – Importation of goods by agents on behalf of VAT registered persons

Source: PwC

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