Oman Guide: What is the Adjustment of VAT in Oman?
The Taxable Person at a date later to the date of supplying, adjust the value of Tax Due in the case of cancellation or rejection of the goods and...
Continue ReadingThe Taxable Person at a date later to the date of supplying, adjust the value of Tax Due in the case of cancellation or rejection of the goods and...
Continue ReadingThe place of supply is where a transaction is considered to have occurred for VAT Oman. It is determined differently for different services. What is the Place of Supply...
Continue ReadingThe place of supply is where a transaction is considered to have occurred for VAT Oman. It is determined differently for different goods. The Sultanate is the place of...
Continue ReadingBattling against the crisis posed by the pandemic, the economy of Oman witnessed significant problems in recent times. To overcome the situation and help the economy grow again, the...
Continue ReadingThe Taxable Person for VAT in Oman shall pay the VAT due on the tax return, adjustment to tax returns or on assessments or adjustments made by the Authority,...
Continue ReadingA VAT-registered person in Oman shall apply for De-registration to the Authority on the following dates: Within thirty days from the date of ceasing to conduct the activity permanently....
Continue ReadingA Tourist in Oman means a physical person who meets the following conditions: No permanent place of residence in Oman or any of the GCC Implementing States. Do not...
Continue ReadingRefund is of the VAT paid more than the VAT payable to the Oman Tax Authority shall be submitted by the Taxable Person to the Authority on the application...
Continue ReadingThe implementation of VAT in Oman is certainly going to impact the various sectors of the economy in different ways. On 16th April 2021, the country approved the implementation...
Continue ReadingTwo or more persons conducting businesses together may register and subsequently treated as a VAT Group in Oman provided meeting the following conditions: Every person has a place of...
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