GTL Summary:

Article 2 establishes the fundamental scope of Value Added Tax in the UAE. It mandates that Tax shall be imposed on every Taxable Supply and Deemed Supply made by a Taxable Person within the State. Additionally, it imposes Tax on the Import of Concerned Goods. The Article provides a provision for exceptions regarding imports as specified in the Executive Regulation. This provision serves as the charging section of the law, triggering the liability to tax for domestic supplies and imports unless specific exemptions or exceptions apply.