Friday, May 14, 2021 | Shawwal 1, 1442 H
clear sky
weather
OMAN
38°C / 38°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Some medicines, medical equipment exempted from VAT

VAT-shutterstock-dec24
VAT-shutterstock-dec24

Muscat: The Head of the Tax Authority has issued decision 57/2021 that defines certain medicines and medical equipment subject to value-added tax at zero rate as it was published in the Official Gazette on Sunday.


Based on the Value Added Tax (VAT) Law promulgated by Royal Decree 121/2020, and based on the requirements of the public interest, it was decided:


Article 1: Supplies of medicines, herbal medicines, biological preparations, health (hygenic) preparations, food for medical use, and medical equipment are subject to value-added tax at zero rates provided there is a release permit is issued by the Ministry of Health in accordance with the customs code.


Article 2: This decision shall be published in the Official Gazette and be enforced from April 16, 2021.


 


 


SHARE ARTICLE
Most Read
obs
New SC restrictions come into effect Supreme Committee announces new decisions Renewed ban on arrivals from today Eid al-Fitr holidays announced in Oman
FOLLOW US
arrow up
home icon