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Document Type: Tax Law Article
Law: VAT (FDL No 8 of 2017)
Article Number: 37
Country: 🇦🇪 UAE
Location: Part 5 - Rules on Supply › Chapter 4 - Value of Supply
Order: 37

Article 37 - Value of Deemed Supply

Part 5: Rules on Supply

Part 5: Rules on Supply

Chapter 4 - Value of Supply

Article 37 - Value of Deemed Supply

Notwithstanding the provisions of Articles 34 and 35 of this Decree-Law, in case of the deemed supply, when the taxable person purchases goods or services to make taxable supplies but he does not use the same for such purpose, the value of the supply shall be equal to the total cost incurred by the taxable person to make such deemed supply of goods or services.