Chetan Suri

<p><span style="font-size:16px"><span style="color:#000080"><strong>After the implementation of VAT, all the imports to UAE are affected. For this, Federal Tax Authority and Custom department are working together for collection of VAT Payment.</strong></span></span></p> <p><span style="font-size:16px">As per the procedures, Registered importer can defer the VAT payment and account for it in their return under reverse charge. On the other hand, Non-Registered importer needs to make a cash payment by filling up the form -301(Import declaration form for VAT payment). VAT 301 form is generally for Non- registered importer.</span></p> <p><span style="font-size:18px"><span style="color:#000080"><strong>However, the VAT registered importers are facing a lot of problems while clearing their goods at the border. This is because the Custom department is not able to verify TRN on their system when the declaration is made at custom. This problem is under consideration by both the department. But for the time being what can be done! </strong></span></span></p> <p><span style="font-size:16px"><span style="color:#000080"><strong>Registered importer can follow these steps:</strong></span></span></p> <ol> <li><span style="font-size:16px">Login to your E- Service Portal on the FTA site.</span></li> <li><span style="font-size:16px">Click on VAT Tab on the top of the screen.</span></li> <li><span style="font-size:16px">Then a link for VAT &ndash; 301 will appear. Importer need to fill up this form by filling up the Custom declaration detail which includes declaration port, date and number and click next.</span></li> <li><span style="font-size:16px">On the next page click on &ldquo;Fetch associated registration number&rdquo;. This will automatically fill your TRN detail. <span style="color:#000080"><strong>(Key Point)</strong></span></span></li> <li><span style="font-size:16px">Then importer need to fill the balance from with some easy details and submit it.</span></li> <li><span style="font-size:16px">Then it will automatically take the importer to payment option page, where importer will get various options for payment. However, as importer has used &ldquo;Fetch associated registered number detail, he will get an option to defer the payment of VAT to return.</span></li> </ol> <p style="margin-left:18.0pt">&nbsp;</p> <p style="margin-left:18.0pt"><span style="color:#000080"><span style="font-size:16px"><strong>Take away:</strong></span></span></p> <ol> <li><span style="font-size:16px">By following this process, importer&rsquo;s TRN will be updated on the Custom department system.</span></li> <li><span style="font-size:16px">Also, VAT return will show a VAT due on reverse charge.</span></li> <li><span style="font-size:16px">This process will need to be followed by registered importer till FTA updates TRN on the custom department system.</span></li> </ol>