This Decision establishes a mandatory reverse charge mechanism for the supply of precious metals, precious stones, and related jewellery between VAT-registered businesses in the UAE. As detailed in Article 2, the responsibility to account for and pay VAT shifts from the supplier to the registered recipient. This applies when the recipient provides a written declaration confirming their intention to resell the goods or use them in manufacturing. The supplier must verify the recipient's tax registration. This measure, effective 15 February 2025, repeals Cabinet Decision No. 25 of 2018 to streamline VAT compliance in this sector.