VAT Return Form 201, is a required declaration by the end of every tax period, reflecting the VAT details of total supplies for both purchase and sales, output VAT collected on supplies, eligible input VAT paid on purchases, input VAT recovered and the total tax due.
VAT return should be withing 28t days after the end of the reporting quarter, and if the 28th of the following month falls on either a Friday or Saturday, the deadline moves to the next working day.
The penalty for not submitting VAT return file on time is AED 1,000 for the first time, then AED 2,000 for every subsequent missed deadline within 24 months.