VAT Penalty Waivers UAE - Price: Rs. 0

The Federal Tax Authority(FTA) of UAE has authorized taxpayers to apply for reduction or exemption from Tax law administrative penalties. However, the decision for VAT Penalty Waivers UAE will solely depend on the FTA based on the merits of the case. The taxpayers have to submit a penalty waiver application stating the basis of the reversal of penalties imposed. The application will also include an appeal to the Tax Dispute Resolution Committee (TDRC) and a request for reduction/exemption based on Cabinet Decision No. 51 of 2021. The tax team at Shuraa has assisted many clients in submitting their VAT Penalty Waiver applications to the relevant officials.
https://www.shuraatax.com/vat-penalty-waiver-uae/