The Federal Tax Authority has recently issued Decision No. 6 of 2022, setting the maximum amount of cash refund for overseas tourists under the Value Added Tax (VAT) Refunds for Tourists Scheme. This decision, effective from 1 September 2022, aims to enhance the tourist experience and provide clarity on cash refund limits. Let’s explore the key provisions of the decision and its impact on tourists visiting the UAE.
According to this article, overseas tourists can receive a maximum cash refund of AED 35,000 per 24 hours under the VAT Refunds for Tourists Scheme. This refund provides an opportunity for tourists to enjoy greater flexibility and convenience during their stay in the UAE.
To ensure consistency and eliminate discrepancies, any provision contradictory to Decision No. 6 of 2022, including the Federal Tax Authority Decision No. 1 of 2019, will be revoked. This streamlines the regulations surrounding cash refunds for tourists, promoting a more efficient and harmonized system.
Effective from 1 September 2022, the decision will be enforced, allowing tourists to benefit from the revised maximum cash refund amount. Tourists are encouraged to familiarize themselves with the updated regulations and requirements to make the most of the VAT Refunds for Tourists Scheme.
The Federal Tax Authority’s Decision No. 6 of 2022 establishes a new maximum cash refund of AED 35,000 per 24 hours for overseas tourists under the UAE’s VAT Refunds for Tourists Scheme. By providing greater financial flexibility, this decision enhances the overall experience for tourists visiting the UAE. Tourists should take advantage of this opportunity and ensure compliance with the necessary procedures to enjoy the benefits of the cash refund scheme.
Exciting News for Tourists! 🌴 Starting Sept 1, 2022, the UAE offers a maximum cash refund of AED 35,000 per 24 hours under the VAT Refunds Scheme. Enhance your UAE adventure with this amazing opportunity!
By providing greater financial flexibility, this decision enhances the overall experience for tourists visiting the UAE. Tourists should take advantage of this opportunity and ensure compliance with the necessary procedures to enjoy the benefits of the cash refund scheme.
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This article was published on 09 August 2023
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