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UAE VAT Reconsideration
The federal tax authority is competent
authority to regulate the value-added tax laws and take the charge of tax
collections and imposition of penalties for non-compliance. If the businesses
have any complaints or are not satisfied with the decision made by FTA, they can
request the authority to revise it by filing a vat reconsideration form
according to article 27 of the UAE tax procedure law. The businesses submit the
reconsideration form to FTA written in Arabic. The businesses hire reputed
tax agents to assist their businesses with proper legal documents in Dubai
UAE.
Reasons
for VAT Reconsideration
According to the law of UAE, there are some
reasons for the FTA to impose vat penalties on the taxable person. The major
reason which attracts Vat penalties in UAE.
1.
Delay in vat return filling.
2.
Delay in settlement of due tax.
3.
Lack of exact and proper
records.
4.
Late registration of vat.
5.
Late deregistration of vat.
6.
Disinformation of documents.
Submission
of VAT Reconsideration Form
The businesses have the right to submit a VAT reconsideration form when
the taxable person disagrees with FTA’s Decision regarding tax assessments, VAT rate treatment, and exception of registration. UAE businesses consult with
reputed tax consultants in Dubai UAE to know or get more legal assistance and
legal requirements.
Seven Information Required to file the vat
reconsideration form
1.
Vat Registration Certificate
2.
Emirates ID of responsible
person for registration.
3.
Passport copy for the responsible
person for registration.
4.
Registered mobile number and
memorandum of association to verify the authorized person.
5.
The amount of penalty.
6.
The date of penalty.
7.
A detailed summary of the case.
How to Submit Reconsideration Form?
The federal tax authority mandates that the vat reconsideration
application should be submitted within 20 days of the receipt of the
authority decision. The application can be submitted online through the FTA
website. The application must be completed. All supporting documents and
evidence must be written in the Arabic language.
The FTA will consider the request for
review. If the application meets all the requirements. The authority will issue
its justified decision within 20 business days of receiving the application.
The FTA will inform the applicant about its decision on the request written 5
business days of the issuance.
Steps
for Vat reconsideration
If the applicants are still not satisfied
from FTA. So there are some steps can be followed to resolve their
disagreements over the FTA Decisions. This process can be practicalized through
the best consultant in Dubai UAE.
1. Tax dispute resolution committee
The businesses submit a request to the tax
dispute resolution committee if he is not satisfied with the FTA decision. The
committee will examine the objection and within 20 days a decision is made by a
committee. The committee will inform the applicant within 5 business days of
the issuance.
2. Federal court litigation
If the taxpayer is not satisfied with the
decision made by the tax dispute resolution committee can appeal to the court
which cannot be challenged. The appeal should be submitted within 20 days of
the decision of the committee.
An appeal can be submitted to the competent court in the following instances.
