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VAT Reverse Charge on Scrap Metal — articles 1–5

  1. Article 1 — Article (1) Definitions

    The definitions set forth in Federal Decree by Law No. (8) of 2017 Regarding Value Added Tax shall apply to this Resolution; otherwise, the following terms and expressions shall have the meanings assigned to each of them…

  2. Article 2 — Article (2) Application of the Reverse Charge Mechanism to Scrap Metal

    1. Where a supplier supplies Scrap Metal to a recipient registered with the Authority, and the recipient intends to resell it or use it in Processing, the following rules shall apply: a. The supplier shall not be respons…

  3. Article 3 — Article (3) Executive Resolutions

    The Minister of Finance shall issue the necessary resolutions for the implementation of the provisions of this Resolution.

  4. Article 4 — Article (4) Repeals

    Any provision that contradicts or conflicts with the provisions of this Resolution is hereby repealed.

  5. Article 5 — Article (5) Publication and Entry into Force

    This Resolution shall be published in the Official Gazette and shall enter into force after (60) sixty days from the date of its publication.

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