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VAT Law Key Differences Between Kingdom of Saudi Arabia (KSA) and United Arab Emirates (UAE)

Posted By: CA Amlesh Gupta

The United Arab Emirates and Saudi Arabia have already implemented Value Added Tax (VAT), on 1st January 2018. TheVAT rate is 5 percent which is the lowest tax rate in the world. Although it seems much similar from a particular point of view, still it has some differences between them according to the plan of roll out.

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Guide To E-Way Bill

Posted By: CA Mitesh Katira

As the name suggests an E-Way Bill is an online bill that will be used for supply of goods under GST. E-way bill will need to be issued before goods are dispatched and it would be important to carry E-way bill for the goods in transit as an authorized officer can intercept the conveyance/trucks to verify e-way bill.Here's a guide to E - Way Bill.

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Condonation of Delay Scheme, 2018

Posted By: CS Amita Alke

The 'Condonation of Delay Scheme' would be in force from January 1 to March 31, 2018, according to government officials. The government will provide a 3-month window to defaulting companies to submit their annual filings starting January 1, a move that will come as a relief for hundreds of disqualified directors.

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