Great video-very informative! Could you clarify if this applies to imports of services as well, or is it only relevant to imports of goods?
@khanfyze4 ай бұрын
thanks for explaining in detail
@NidhinCMA3 ай бұрын
why are you showing 20 aed in box 6? and how is the amt 20 aed vat output?
@AccountingandQuickbooks3 ай бұрын
Dear, its example of the reverse charge mechanism pls watch the complete video to understand
@NidhinCMA3 ай бұрын
@@AccountingandQuickbooksin what scenario we show in box 3 ?
@AccountingandQuickbooks3 ай бұрын
@@NidhinCMA @4:21
@AccountingandQuickbooks3 ай бұрын
@@NidhinCMA dear either box 3 or box 6 -it depends upon FTA manual but it should't be double ( on output side )and as for as inputside is considered box 10 - If you want to understand this concept i will suggest watch this video completely without skiping it will help you understand the concept fully.
@zahirshaikh1994Ай бұрын
Couldn't understand....20 was paid to custom as VAT then again 25 in VAT return so total 45paid