Search DubaiPRNetwork.com

Home >> Home, Furniture and Interiors

UAE Rejoice: PAN Emirates to not charge VAT to customers in 2018

Sunday, January 7, 2018/ Editor -  

Share

Home >> Home, Furniture and Interiors
  • PAN Emirates Home Furnishings PAN Emirates to not charge VAT to customers in 2018
  • PAN Emirates Home Furnishings showrooms in Dubai, Sharjah, Abu Dhabi, Al Ain, and Fujairah in the UAE.
Dubai, United Arab Emirates, January 7, 2018:   PAN Emirates Home Furnishings, a local label in luxurious indoor, patio and outdoor furniture that is sure to light up any living space, takes joy in informing consumers that it will not be marking up its affordable luxury items with the 5% VAT tax. The legislation of the 5% surcharge will come into effect on 1st January 2018, affecting all goods and services at varying degrees in the coming year. 
 
PAN Emirates will neither mark up prices for its current collections, nor make the tax effective on collections to come. Instead, driven to provide a great shopping experience, PAN Emirates will be completely absorbing the 5% charge implemented by the Government. 
 
Mr. Mohammadi Katawala – Deputy Manager and Group Finance Director, PAN Emirates Home Furnishing, said, “As a customer-centric chain, we believe that it is in the benefit of our buyers for us to absorb the VAT usually transferred to the buyer, without marking up our prices. We don’t want to dissuade customers from purchasing essentials as well as luxury goods from PAN Emirates because of VAT, and for this we are happy to bear this cost ourselves. Despite the exorbitant cost of living, we believe that some things are classic, as should stay that way.”
 
As cost of living is expected to soar in the coming year in the UAE, PAN Emirates promises a comfortable, VAT-free shopping experience providing the best luxury interiors to its customers in the year to come. The rates of all collections in 2017 will be carried forward to 2018 as they are, to ensure that those who are loyal to he brand can create the living spaces dreams are made of, with no extra cost!

Previous in Home, Furniture and Interiors

Next in Home, Furniture and Interiors


Home >> Home, Furniture and Interiors Section

Latest Press Release

Stylish Nursing wear at Mums and Bumps

Mido Ramadan Watch Collection

du to Offer New 9.7-inch iPad With Apple Pencil Support

Government of Ras Al Khaimah Makes Key Appointments to Ras Al Khaimah Petroleum ...

Ashridge to help Saudi leaders explore and implement strategies for growth

Workshop for young engineers shows real life applications

The Art Gallery at NYU Abu Dhabi announces upcoming public programming as part o ...

Organic Souk at Dubai Festival City Now at a New Time

Iron Mountain® acquires Derby Records Management FZ LLC expanding presence in UA ...

New XE 300 Sport Edition Wins Gripping Ice Race

2XL Launches Special Edition Collection for the Holy Month of Ramadan

TascTemp.com bags Seamless Retail Award for Website Launch of the Year

Dubai Sports Council Pavilion a big hit at Bangkok SportAccord

Gifts for Ramadan at Hour Choice

Free Screening and Top Prevention Tips Offered for Oral Cancer Awareness Month

Filorga Mesotherapist Derma Roller

Get Vibrant and lively hair with Rahua's new Color Full Range

The new BMW M2 Competition

MINI at Auto China Beijing 2018

ORANGE & BERGAMOT Awaken the Cult Icon New Additions