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.
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