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Khaleej Times
The retailers will be able to directly issue refunds to tourists when they are buying the goods subject to the guidelines provided by the FTA. Nirav Shah, Director at FAME Advisory DMCC
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Nirav Shah, Director at FAME Advisory DMCC, Also stressed that the refund is only valid if the building is going to be used by the owner and his family. He also noted that the refund can only be claimed by Emiratis.
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If the Decision is to not levy any administrative penalties until April 30, then even late return filing may also benefit and may not be subject to penalty. However, we would urge all who are registered to follow their prescribed tax period and file return in time as stipulated. Nirav Shah, Director at FAME Advisory
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