{"id":50794,"date":"2022-12-06T14:20:54","date_gmt":"2022-12-06T10:20:54","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=50794"},"modified":"2022-12-06T14:20:55","modified_gmt":"2022-12-06T10:20:55","slug":"vat-treatment-on-workmanship-service-amended","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2022\/12\/06\/vat-treatment-on-workmanship-service-amended\/","title":{"rendered":"VAT treatment on workmanship service amended"},"content":{"rendered":"\n<p>Pursuant to a resolution issued by the Cabinet:<\/p>\n\n\n\n<p>\u2022 The Ministry of Finance announces the amendment of the VAT treatment on workmanship service when supplying gold and diamonds between registerants in the country.<\/p>\n\n\n\n<p>\u2022 There will be a temporary replacement for the definition of \u201cgoods\u201d contained in Article (1) of Cabinet Decision No. (25) of 2018 on the Mechanism of Applying Value Added Tax on Gold and Diamonds between Registrants in the State to be \u201cgold, diamonds and any products whose main component is gold or diamonds, which may include workmanship services directly related to the supply of these commodities\u201d from June 1, 2018 to December 31, 2022.<\/p>\n\n\n\n<p>\u2022 The definition provided for in the aforementioned Cabinet Resolution No. 25 of 2018 will be referred to, starting from January 1, 2023.<\/p>\n\n\n\n<p>\u2022 the term provided in the aforementioned Cabinet Decision No. (25) of 2018 (goods) will be re-applied starting from January 1, 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pursuant to a resolution issued by the Cabinet: \u2022 The Ministry of Finance announces the amendment of the VAT treatment on workmanship service when supplying gold and diamonds between registerants in the country. \u2022 There will be a temporary replacement for the definition of \u201cgoods\u201d contained in Article (1) of Cabinet Decision No. (25) of &hellip;<\/p>\n","protected":false},"author":2,"featured_media":47188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-50794","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economy","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/50794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=50794"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/50794\/revisions"}],"predecessor-version":[{"id":50795,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/50794\/revisions\/50795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/47188"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=50794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=50794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=50794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}