In 2019, Sultanate imported 33.11 billion kg goods making its import bill to OMR9.22 billion. April 16, 2021, when VAT will be effective in Oman, businesses will pay 5 per cent VAT on goods imported into the Sultanate in addition to import custom duty [or duty].
Source: timesofoman.com
Latest Posts in "Oman"
- Tax Authority Launches Campaign to Educate Consumers on Zero-Rated VAT Goods
- Tax Authority Unveils “Fawtara” Visual Identity and Digital Services at COMEX2025
- FSA Hosts Accounting Seminar and Launches New Electronic Licensing System
- Oman Moves Toward e-Invoicing that could start in 2026
- Oman to Implement E-Invoicing for Selected Taxpayers Starting August 2026
