The content on this page is provided for reference purposes only. This content has not been altered or updated since 5 May 2020 The Council is working on a proposal for a Council directive which aims ...

The UAE will introduce a reverse charge mechanism for value-added tax (VAT) on scrap-metal trading between registered businesses from 14 January 2026, following a new Cabinet decision announced by the ...

The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron ...

FTA confirms what products, parts benefit from 'reverse charge mechanism' in B2B deals Also In This Package UAE gold prices stay high: How can I invest in gold? Look: 10 most expensive cities to live ...

Reverse charge mechanism aims to reduce tax fraud and improve efficiency in scrap trade Add as a preferred source on Google Under the current system, scrap metal suppliers charge VAT to their ...

The Ministry of Finance has announced a Cabinet Decision that will change how Value Added Tax (VAT) is applied to metal scrap trading in the UAE. Cabinet Decision No. 153 of 2025 will come into effect ...