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Frequently Asked Questions on VAT

Last updated on 17 August, 2018


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How do exchange rates work for import of goods from other countries?

When you import goods into the country, the VAT applicable on them will be calculated based on your declarations to the customs department. This VAT declaration amount is auto-filled in box 6 of the VAT return form. The customs department converts invoices in foreign currency to UAE Dirham.

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