Oman Introduces Amendments to VAT Executive Regulations, Expands Tax Refund Schemes

• Oman has introduced amendments to the VAT Executive Regulations.
• The amendments include the addition of a new provision for tax refunds.
• Three new input VAT refund schemes have been implemented.
• The conditions for requesting a VAT refund remain the same for all three schemes.
• The Tax Authority must decide on refund requests within 30 days.
• Once approved, the Tax Authority is obligated to refund the stated amount within 15 days.
• Different documents must be attached to the forms for each refund scheme.
• Non-profit charitable organizations can request a VAT refund on goods and services related to charitable activities.
• Excess VAT paid on imports from a non-taxable person can be refunded.
• VAT collected on imported goods that are re-exported can also be refunded.
• More information can be found in Tax Authority Resolution No. 521 of 2023.

Source: mailchi.mp

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---