A taxable person who is responsible to submit Tax return in the default format through online portal given by the FTA. Every taxable person is required to submit the VAT Return Filing within 28 days from the end of each Tax period given by the FTA.

Importance of VAT Return Filing :

• The return can be submitted by the Taxable Person, or another person who has the right to do so on the Taxable Person’s behalf (for example, a Tax Agent or a Legal Representative).
• Where the due date for the submission of the VAT Return and the corresponding payment falls on a weekend or a national holiday, the deadline for filing the VAT Return or making a payment is extended to the first business day thereafter.
• If there is no business transaction for the Tax Period, you are required to submit a “nil” VAT Return by the respective due date to avoid penalty of Non-Filing.
• Once the date of the supply has taken place, the Taxable Person must account for the output tax in the VAT Return covering that Tax Period
• Supplies within Designated Zone, out of scope supplies and disbursements are not required to be reported in VAT return
• One can also make adjustments in the Pre-populated VAT amount on import of goods in case there is any error at customs end
• VAT Returns must be submitted within the specified deadline, otherwise, a penalty of AED 1,000 will be imposed for the first time of occurrence of a delay. In case of repetitive non-compliance within 24 months, the penalty will be increased to AED 2,000 for each offense
• If one do not submit a VAT Return by the specified due date, the FTA may issue a tax assessment to you with an estimate of the payable tax. In such a case, you may be required to pay any payable tax assessed, penalty on non-submission of tax return and/or late payment penalty upon the issuance of the tax assessment (as applicable).
• Tax needs to be paid after the submission of VAT return but within the due date for that tax period; and
• For an excess amount, one can either apply for refund for that tax period in Form VAT 311 or can carry forward that amount to next period
• To file a VAT Return is VAT 201 and to claim Input Refund is VAT 311.

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