VAT Reconsideration Services in UAE
Wrongly sanctioned with penalties? Misunderstood your position? You don’t agree with the Federal Tax Authority (FTA) decision? If yes, then. (Chartered Accountants), as registered tax agents in FT, can help you file a reconsideration request to review FTA’s decision. We provide trusted VAT reconsideration services in UAE to all those who do not agree with FTA’s decisions. Our services are transparent and based on years of experience to our credit.
Detailed on Title Four Objections in the Federal Law No. (7) of 2017 on Tax Procedures the procedures and steps to follow in the application for reconsideration. Clarifications user guides were also issued by the FTA to further clarify the application of the law. To cut this short and help you understand this clearly, we have summarized the long and detailed discussions and transformed it to the simplest terms possible.
Who Can Apply For VAT Penalty Reconsideration?
Any natural or legal person can apply to FTA to reconsider its decision within 20 business days from notification of the decision. The FTA requires the applicant to provide reasons for applying reconsideration on its decision, including an analysis of the alternative treatment which the applicant considers that should have been applied to its case. The FTA will review the request for reconsideration and, if the application has fulfilled the requirements, the FTA will issue its justified decision within 20 business days from receipt of such application. This decision shall be relayed to the applicant within 5 business days from the date of its issuance. Most importantly, the FTA requires the application and its supporting documents to be written in Arabic language only.
To give you a real life example, a VAT registered Company filed its VAT return for the period which resulted to a refund from the FTA. However, during the process of the submission, it has mistakenly used the incorrect number sign and ended up submitting a payable of VAT due instead of a receivable VAT refund. The Company was fined with penalties and interest resulting from the non-payment of the filed VAT due payable, in which to begin with, there is no actual VAT due payable. The Company, through our help, has appealed through the proper channels and took steps to the FTA to reverse and correct the error on the VAT return filed. The FTA has accepted the field reconsideration and in a reasonable time has reversed the penalties and interests.
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