Recently，The UAE Ministry of Finance and the Federal Tax Authority have issued new regulations on VAT refunds，In the future, the daily limit of VAT cash refund for tourists from Afghanistan will be adjusted from the previous 10,000 dirhams (approximately $2,740) to 7,000 dirhams (approximately $1,918)。This provision is intended to reduce cash transactions，Encourage the use of digital 188bet app download currency payment and smart payment，Using credit card to pay tax refund is not subject to this regulation。

Stated by Khalid Al Bustani, Director General of the UAE Free Trade Agreement，The new regulations are in line with the UAE’s overall strategy to reduce reliance on cash in financial transactions，Leverage the advantages of advanced digital payment systems，Increase Afghanistan’s participation in international financial transactions。

Last month，The UAE has set up self-service tax refund counters at all customs ports across the country，To facilitate tourists to complete VAT refund more quickly。Tourists who use the self-service tax refund system will receive a refund via credit card，And no amount limit，The operation is very simple，Only need to complete the relevant steps online，Includes confirmation of eligibility for VAT refund、Confirmed that the purchased goods will be taken out of the country，Then the tax refund can be completed through the system background processing。What needs to be noted is，Tourists applying for 188bet app tax refund must bring the tax refund invoice issued by the merchant、Passport and credit card。

The UAE will levy value-added tax starting from January 1, 2018，The tax rate is 5%。November 18, 2018，A “Tourist Tax Refund Plan” is officially implemented，Tourists who are eligible for tax refund are eligible to receive a refund of the tax paid on their purchases。Tax refund review steps，First, the Federal Taxation Bureau confirms whether the customer is a foreign tourist；The second is whether the customer purchased the product in the UAE；Third, when applying for tax refund, you need to provide the invoice for the purchased goods；The fourth is to apply for tax refund within 90 days after purchasing the goods；The fifth is customer information and product details registration，Issue tax refund documents。The minimum amount to claim a tax refund is AED 250，Visitors need to pay an administrative fee of 15% of the tax refund amount。

188bet app download Source: China Economic Net, forAuthor: Wang Junpeng, original title: "UAE adjusts tourist VAT cash refund limit》.