When you disagree with the decision made by FTA related to your VAT application, you may requisite for a reconsideration. The ICB is clearly perfectly positioned to support in the implementation of the UAE VAT reconsideration, which affects businesses in the area.
VAT reconsideration in the UAE permits a taxable individual to request a reconsideration of the FTA’s decision. To conduct their company successfully, all enterprises in the UAE must be aware of the tax rules. VAT fines and penalties will be imposed on businesses who do not pay attention to the rules and regulations by FTA. There are several instances where firms respect the FTA’s laws and regulations yet nonetheless face fines and penalties. In these instances, the taxpayer is unconvinced by FTA’s conclusion. The taxpayer may request for UAE VAT Reconsideration in such instances.
Within 20 business days of receiving a penalty from the FTA, any firm or individual in the UAE can petition for VAT reconsideration. If the company demonstrates its case through UAE VAT reconsideration, the authorities will examine the judgment and perhaps waive the fines.
On the FTA website, you may fill out a request for VAT reconsideration in the UAE. VAT reconsideration can be filed online by businesses. If you want to appeal an FTA decision, you must submit the application FTA login portal. To apply for VAT reconsideration you must have a E service account in FDA website the
VAT reconsideration process was renewed by UAE federal tax authority in November 2021. Earlier the applicant have to submit a number of documents while applying for VAT reconsideration in UAE.
Now, the process is much easier. You are required to provide documents in the following manner:
VAT reconsideration can be available for non-registered as well as resisted tax payers. For non-registered tax payers have to create an account in FTA portal.
If you disagree with the penalty judgment made by the Federal Tax Authority, you have the option of asking them to reconsider their decision. You must apply for VAT reconsideration within 20 working/business days of accepting FTA’s decision. The tax registrant, non-registrants, or a tax agency can all file a VAT reconsideration form. You must prepare a compelling case with facts and reasonable reasons why a penalty should not be levied before requesting a VAT reconsideration.
A response to a valid and full Clarification request might take up to 40 business days. The FTA will ask for further information if an application is incomplete, and a response might take up to 40 business days following the re-submission.
ICB is obviously well-positioned to assist clients with any reconsideration application and has a plethora of local and international expertise aiding clients in this area of the implementation of the VAT legislation that applies to enterprises operating in the region.
