This template is helpful to all traders, wholesalers, retailers, industrial units etc.Ĭlick here to Download UAE VAT Purchase Register Excel Template. We have created an excel template for UAE VAT Purchase Register to maintain your purchase records and help you to easily calculate your input tax. (8) of 2017 on Value Added Tax from the link below:įederal Decree-Law No. You can download the pdf copy of Federal Decree-Law No. ![]() “The Payable Tax for any Tax Period shall be calculated as being equal to the total Output Tax payable pursuant to this Decree-Law and which has been done in the Tax Period less the total Recoverable Tax by said Taxable Person over the same Tax Period.” When you make sales, you will collect the VAT on the goods or services you supply.Īt the end of the month, you will pay the difference between VAT paid and VAT collected. “A registered person is liable to recover input tax paid on the purchase of goods and services intended for the furtherance of business except for capital goods.”įor the purchase of raw material or buying goods for resale or imports, you will pay an amount of VAT.
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