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

UAE Team Emirates to Take on Vuelta a San Juan in Second Race of 2018 Season

Dubai Industrial Park Announces AED135 Million Investment in Expanding Infrastru ...

CG of India declared Champion at the 2nd Diplomat Cricket Cup by Skyline Univers ...

Electrification is the future and the present, says Nissan at World Future Ener ...

Pure Gold Jewellers Unveils Collection of Special Edition Diamond Pendants for V ...

His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum opens 20th editio ...

Diego Ulissi Finishes Fourth as UAE Team Emirates Get Season Off to a Positive S ...

Abu Dhabi Quality and Conformity Council Awards Emirates Motor Company First Abu ...

20 iPhone Xs up for grabs at Dubai Festival City Mall during DSF!

Western Digital Showcases Surveillance System Designed Hard Drives at Intersec 2 ...

Air Arabia adds Izmir to growing Turkey network

UOWD's Master of Quality Management students celebrate 5th World Quality Day

Gifts for Valentine's Day at Hour Choice

Aston Martin reveals new Art of Living experiences for 2018

Awqaf and Minors Affairs Foundation Inaugurates Khalaf Ahmad Al Habtoor's Endowm ...

Aircraft Interiors and MRO Innovations Coming to the Middle East

HydroPeptide Launches Nimni Cream in UAE

LG to Launch UltraFine 5k Display Tailored for Mac Users

ADSB to Collaborate on Sustainment and Supply Chain Services with Rolls-Royce

International acclaim for heritage sports as suspense continues in AED 1 million ...