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Document Type: BL - Bylaws
Law: VAT (FDL No 8 of 2017)
Decision Number: 52-article-36
Year: 2017
Country: đŸ‡ĻđŸ‡Ē UAE
Official Name: Article 36 - Applying the Zero Rate to Precious Metals

Cabinet Decision No. 52 of 2017

Cabinet Resolution No. (52) of 2017 - bookmarkSection36

Part 6 - Zero-Rated Supplies

Article 36 - Applying the Zero Rate to Precious Metals

  1. The supply or importation of investment precious metals shall be subject to the zero rate.

  2. The 'investment precious metals' mean gold, silver and platinum that meet the following standards:

    1. The metal is of a purity of 99 percent or more.

    2. The metal is in a form tradable in global bullion markets.