Reach Accountant
Reach Accountant
YouTube Video
  • Though there is no mandatory requirement to raise an Invoice for exempt supplies, If you are supplying both taxable and exempt supplies, then it becomes important to divide these revenues in your books of accounts and also make sure that the input on exempt supplies in appropriately reduced, as you are not allowed to claim input on exempt supplies. This video explains how to raise Invoice for exe...

Reach Accountant
Reach Accountant
YouTube Video
  • For the purpose of VAT Treatment, Exports can be classified as: • a. Export of goods outside a GCC VAT implementing state • b. Export of goods to unregistered recipients in a GCC VAT implementing state • c. Export of goods to registered recipients in a GCC VAT implementing state • d. Export of goods which require installation or assembly outside the state In this video I will teach you how to rai...

Reach Accountant
Reach Accountant
YouTube Video
  • Normally, the responsibility to levy, collect and pay tax to the government is on the person who is making taxable supplies i.e. on the supplier. This is known as forward charge mechanism. However, In case of imports and on purchase of certain specified goods, the responsibility of paying taxes is on the recipient. This is known as Reverse Charge mechanism. There are 4 types of Purchase Scenarios...

Reach Accountant
Reach Accountant
YouTube Video
Reach Accountant
Reach Accountant
YouTube Video
  • Normally, the responsibility to levy, collect and pay tax to the government is on the person who is making taxable supplies i.e. on the supplier. This is known as forward charge mechanism. However, In case of imports and on purchase of certain specified goods, the responsibility of paying taxes is on the recipient. This is known as Reverse Charge mechanism. n this video I will teach you how to re...

Reach Accountant
Reach Accountant
YouTube Video

Out-Market Your Competitors?

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account Log in

By signing up, you agree to the Terms of Service and Privacy Policy.

Out-Market Your Competitors

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account

Already a user?  Log in

By signing up, you agree to the Terms of Service and Privacy Policy.