(FTA) Decision: No.4 of 2018 on Tax Invoice (for vending machine)
FTA has published its Decision No.4 of 2018 on Tax invoices for vending machines.
Where a VAT registered person makes a supply of goods or services through vending machines, there is be no requirement to issue a Tax Invoice in respect of that supply.
In order to apply this decision, the VAT registered person must keep sufficient records available to establish the particulars of the supply made, which must contain, as a minimum:
a. A description of the goods or services supplied;
b. The total consideration and the tax amount charged;
c. The date of supply, in accordance with Clause 2 of Article 26 of the Federal Decree-Law No. 8 of 2017 on Value Added Tax.
The link:
https://www.tax.gov.ae/pdf/Decision%204%20-%20Vending%20Machines.pdf
December 2018
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
