Page 62 - Ministry of Economy - December2017

12/27/2017 Ajman warns traders against misusing VAT - Khaleej Times
Awareness campaigns will be organised for traders on the importance of commitment to the regulation related to
increasing prices of products that are not subject to value-added tax. The municipality said it had warned traders

against exploiting the order to take profit at the expense of consumers.

Said Ali Issa Al Nuaimi, director-general of the department of economic development, said that the department

started organising special inspection campaigns, especially on retail shops in cooperation with the consumer
protection section.

He stressed that campaign will be intensified over the coming days in all outlets and markets. The department is
currently working on conducting awareness campaigns for owners of shops and shopping centres about VAT.

"There are goods not included in the VAT and its prices are not supposed to be increased. The inspectors will
confirm the retail sales prices from the suppliers and will check their purchase invoices to ensure this."

An official at the municipality said that inspectors from the civic body are deployed in the local market to make
sure that food outlets, importers and manufacturers are not exploiting the VAT decision.

He added that trade outlets have been instructed to display prices of items as approved by the Ministry of
Economy. He urged the public to contact the municipality's communication system "Tawasul" for complaints.

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