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RAK Economic receives 7 complaints about VAT

Media In – Ras Al Khaimah 25 February
RAK Economic has received 7 complaints about VAT since its implementation at the beginning of the current year so far. The Department of Trade Protection has started to follow up and settle the VAT.
Fatima Abdul Aziz Al Suwaidi, Director of Commercial Protection Department, monitored a number of consumer complaints and abuses when the tax was introduced. The most important violations were the lack of commitment by some businesses to register in the tax system. A price higher than the binding price of 5%.
The most important reasons for these abuses are the consumer’s lack of awareness about how and how to calculate the final price of a product or service after the addition of the added value, and that the failure of consumers to purchase the invoice loses them the ability to recover their basic rights.
Fatima Al Suwaidi called on all members of society to pay attention to dealing with different outlets and to know the necessary steps in dealing with the new situation in the market after the application of the value added tax, including ensuring the existence of the words (tax bill), the existence of the tax registration number, , Indicating the value of the tax imposed, and invited the Swedish consumers in the event of any query or complaint related to the same, the means of communication with the section available by various means or to submit a complaint through the website of consumer protection.

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