Salik DFM:SALIK:
COMPLETED A REVIEW OF ITS VALUE ADDED TAX ('VAT') TREATMENT
VAT AT RATE OF 5% APPLIED RETROSPECTIVELY TO TOLL REVENUE AND ITS ASSOCIATED CHARGES, COVERING PERIOD FROM 1 JULY 2022 TO MARCH 2026
AS A RESULT, DUES TO BE SETTLED WILL REACH ABOUT AED 471 MILLION TO FEDERAL TAX AUTHORITY
CONFIRMS THAT TOTAL RETROSPECTIVE VAT AMOUNT DUE FOR SETTLEMENT WILL BE REIMBURSED RTA