The Kerala Gold & Silver Merchants Association (KGSMA), in collaboration with the UAE Kerala Jewellers Association, organised a tax awareness seminar at the Novotel Hotel in Dubai Gold District, bringing together more than 100 jewellery traders. The programme focused on UAE tax regulations, digital accounting, legal compliance and regulatory developments relevant to jewellery businesses.
Quick Summary
- KGSMA and the UAE Kerala Jewellers Association organised a tax awareness seminar in Dubai.
- The event brought together more than 100 jewellery traders.
- Discussions covered UAE VAT, Corporate Tax, RCM and old gold transaction regulations.
- Expert sessions highlighted e-invoicing, digital accounting and compliance practices.
- Industry representatives addressed the gathering, followed by the presentation of mementoes.
Seminar Brings Together Over 100 Jewellery Traders
The Kerala Gold & Silver Merchants Association (KGSMA), in collaboration with the UAE Kerala Jewellers Association, organised a tax awareness seminar at the Novotel Hotel in Dubai Gold District, bringing together more than 100 jewellery traders. The programme was presided over by Muneer Thangals, President of the UAE Kerala Jewellers Association, and inaugurated by Adv Abdul Nazar, State General Secretary of KGSMA.
Emphasis on Knowledge, Transparency and Legal Compliance
Addressing the gathering, Adv Abdul Nazar stressed the importance of knowledge, transparency and legal compliance in business growth. He urged traders to stay updated on evolving tax regulations and digital systems, highlighting the role of accurate accounting and tax reporting in strengthening business credibility.
Expert Sessions Cover UAE Tax Regulations and Digital Accounting
Expert sessions covered UAE Value Added Tax (VAT), Corporate Tax, regulations governing old gold transactions, the Reverse Charge Mechanism (RCM), e-invoicing and digital accounting. The discussions focused on regulatory requirements, documentation and compliance practices relevant to jewellery businesses.
Industry Representatives Address the Gathering
Mr Mujeeb Rahman, General Secretary; Mr Shuhaib Zia, Treasurer; and Mr Shameer Abdulrahman Kunju, Managing Director, AGD Gold & Diamonds LLC, also addressed the gathering. The programme included the presentation of mementoes to individuals recognised for their contributions in various fields.
FAQs
Who organised the tax awareness seminar in Dubai?
The Kerala Gold & Silver Merchants Association (KGSMA), in collaboration with the UAE Kerala Jewellers Association, organised the seminar.
Where was the seminar held?
The seminar was held at the Novotel Hotel in Dubai Gold District.
How many jewellery traders attended the seminar?
More than 100 jewellery traders attended the programme.
What topics were covered during the seminar?
The sessions covered UAE VAT, Corporate Tax, old gold transaction regulations, Reverse Charge Mechanism (RCM), e-invoicing and digital accounting.
Who inaugurated the seminar?
Adv Abdul Nazar, State General Secretary of KGSMA, inaugurated the programme.
Who presided over the programme?
Muneer Thangals, President of the UAE Kerala Jewellers Association, presided over the programme.
Source: SVAR Media Network
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