VAT & Excise Service

Excise Return Filling

Remove return is a power record to be introduced by each enrolled person to the Federal Tax Authority ("FTA") month-tomonth premise. All VAT Returns should be submitted electronically using the FTA entrance before the fifteenth of the next month. In case there is no arrangement explicitly period, furthermore enlisted individual requirements to record NIL return before the due date.

Penalty For Noncompliance

Penalty for Non-Submission or Non-payment of Excise

Non Submission of return on time Nonpayment of Excise on time
AED 1000 for the first time delay 2% of the unpaid tax is due immediately once the payment of Payable Tax is late
AED 2000 in case of repetative non-compliance with 24 months 4% of the unpaid tax is due on the seventh day following the deadline for payment, on the amount of tax which is still unpaid
1% of the unpaid tax daily penalty charged on any amount that is still unpaid one calendar month following the deadline for payment with upper ceiling of (300%)

How DIBN Can Help:-

We have team of tax consultants and experts & their professional advices helps businesses in complying with the rules and regulations specified by federal tax authority. Our dedicated expert team for excise return filing constantly keeps track of the time-frame specified by the FTA and files the return filing within the stipulated time, thereby, ensuring smooth compliance of the law, and related rules and regulations.

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