Tourists in the UAE won’t get retrospective VAT Refund


All the tourists in the UAE will be able to claim the refund of VAT only after the scheme is implemented in November 2018. Every tourist, after submission of certain documents, will be able to get the refund via credit card or cash through the global operator. However, there will certain regulations by the FTA that will overlook the refund procedure for the tourists. The refund will only be applicable on the goods purchased to be taken outside the UAE and the refund will not cover the services as they are consumed within the UAE.