Oman's mandatory digital tax stamp on imported beverages from June 1
Muscat – From June 1, Oman will enforce digital tax stamps (DTS) on imported beverages, including carbonated drinks, energy drinks, and other special beverages.
The Tax Authority (TA) stipulated the rules, terms and conditions for implementation of the DTS scheme for excise goods in Oman through a ministerial decision (No 21/2022).
As part of the initial phase, the scheme focused on cigarettes and was later expanded to include shisha and other tobacco products.
The authority now intends to further expand the requirement to implement DTS to include carbonated drinks, energy drinks and other special drinks.
The authority requires affixing digital tax stamps on these excise products to enhance the control and compliance of these specific products in Oman and enhance market transparency.
'The goal is to build a sustainable tax system while ensuring accountability from all stakeholders in the supply chain,' an official from authority said.
According to TA, a 'customs obligation' will apply from June 1, meaning excisable beverages imported into Oman without the digital stamp will not be permitted entry. A 'commercial obligation' will come into effect from August 1, under which the sale of unstamped products will be banned within the local market.
To support the implementation, TA launched a series of awareness workshops, field inspections, and media campaigns on May 18 and running until May 22 in Musandam, North and South Batinah.
The outreach is aimed at educating importers, distributors, and retailers about the new regulations and ensuring a smooth transition.
The initiative is part of Oman's ongoing efforts to align with international best practices in tax administration, particularly in sectors with high consumption and public health impact.
© Apex Press and Publishing Provided by SyndiGate Media Inc. (Syndigate.info).
Joydeep B
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
8 hours ago
- Zawya
Apparel Group and Bisleri International announce strategic partnership
Launching in the UAE in 2025, this partnership is poised for regional scale-up as part of a broader MEA strategy. Dubai, UAE — Apparel Group, the global retail and fashion lifestyle conglomerate headquartered in Dubai, is proud to announce a landmark strategic partnership with Bisleri International, India's leading premium beverage company. This transformative collaboration will see Apparel Group spearhead the manufacturing, marketing, and distribution of Bisleri's portfolio of iconic brands across the Middle East and Africa, beginning with the UAE launch in 2025. Bisleri International, with a legacy of over 50 years, has a diverse product portfolio including Bisleri, the leading packaged drinking water brand in India; Bisleri Vedica, it's premium Himalayan Spring water offering and a dynamic range of aerated beverages including Bisleri Limonata, Bisleri POP, Bisleri Spyci Jeera, Bisleri Rev and Bisleri Soda. The company's operations span across 128 manufacturing centers with a robust distribution network catering to more than 500,000 outlets, alongside an established retail presence in the UAE Market with marquee sports sponsorships like the Dubai Marathon. This partnership underscores Apparel Group's ongoing mission to diversify its portfolio and introduce best-in-class consumer brands to the region. Leveraging its extensive retail and F&B infrastructure—spanning over 2,300 stores and 85+ brands in 14 countries—Apparel Group is set to unlock new avenues of growth and elevate regional beverage experiences. Neeraj Teckchandani, CEO of Apparel Group, commented: "Our partnership with Bisleri International marks a strategic milestone in Apparel Group's journey to diversify and scale new verticals across high-growth markets. Bisleri's strong heritage, combined with our operational expertise and deep market understanding, presents a powerful opportunity to deliver exceptional beverage experiences to consumers in the Middle East and Africa. We look forward to building a long-term, value-driven collaboration that redefines beverage retail in the region." Angelo George, CEO of Bisleri International, added: 'The Middle East and Africa markets represent significant opportunity for value creation in the beverage sector. There is a large Indian diaspora in the region which is already familiar with our brands. We have had sustained success in the UAE market in the past and I am delighted to announce the next chapter of our journey in the region with our strategic partnership with the Apparel Group for the Middle East and Africa markets. With Bisleri's commitment to product quality and brand building and Apparel Group's well-established presence and consumer understanding in the region, I am sure the partnership will be a perfect blend for success' This partnership reiterates both organizations' commitment to innovation, regional expansion, and elevating the consumer experience through strategic collaboration. About Apparel Group: Apparel Group is a global fashion and lifestyle retail conglomerate based in Dubai, UAE, with a growing network of 2,300+ stores and a diverse portfolio of 85+ international brands across 14 countries. The Group has established a strong presence in the GCC—Bahrain, Saudi Arabia, Kuwait, Qatar, and Oman—and continues to expand across key markets including India, Southeast Asia, South Africa, and Egypt. Offering an integrated omni-channel experience, Apparel Group represents global names such as Tommy Hilfiger, Skechers, ALDO, Charles & Keith, and Tim Hortons. Its sustained growth is driven by a multicultural workforce of 27,000+ and steered under the leadership of its founders, Sima Ganwani Ved and Nilesh Ved. About AppCorp Holding: AppCorp Holding, led by Founder and Chairman Nilesh Ved, is a multi-billion-dollar transnational holding that, through its flagship company Apparel Group, operates across 14 countries, managing 2,300+ stores and representing 85+ international and homegrown brands with a workforce of 27,000+ employees. The holding has built a diverse portfolio spanning retail, food and beverage, real estate, logistics, healthcare, education, and investment. For more information, visit
Arabian Business
10 hours ago
- Arabian Business
Oman real estate transactions hit $2.17bn by April 2025, showing 9.7% growth
The total value of real estate transactions in Oman reached RO 833.9 million ($2.2bn) by the end of April 2025, reflecting a 9.7 per cent increase compared to OR760.2m ($1.98bn) during the same period in 2024, according to the latest data from the National Centre for Statistics and Information (NCSI). Key highlights from the data include: Fees collected from all legal transactions rose by 18.4 per cent, reaching OR24.3m ($63.1m), up from OR20.5m ($53.3m) in April 2024 The traded value of sales contracts increased by 13.7 per cent, amounting to OR408.5m ($1.06b), compared to OR359.4m ($934m) in April 2024. Despite this rise, the number of sales contracts fell by 1.4 per cent, with 21,087 contracts compared to 21,385 in the same period last year Mortgage contracts saw a 6.1 per cent increase, totalling OR421.5m ($1.09bn) across 7,164 contracts, compared to OR397.2m ($1.03bn) for 6,482 contracts in April 2024 Exchange contracts showed a slight decrease in volume, with 436 contracts worth OR3.9m ($10.1m), compared to 465 contracts worth OR3.6m ($9.4m) during the same period in 2024 Additionally, the number of issued property deeds increased by 1.7 per cent, reaching 73,432 by the end of April 2025, compared to 72,181 in the previous year. Oman real estate growth However, property deeds issued to GCC nationals dropped by 3.9 per cent, totalling 394 compared to 410 in April 2024.
Zawya
14 hours ago
- Zawya
State Council reviews study on diversifying Oman's sources of income
Muscat – The State Council discussed a study titled ' Mechanism for Diversifying Sources of Income in the Sultanate of Oman' during its fifth meeting on Monday. The meeting was chaired by H E Sheikh Abdulmalik bin Abdullah al Khalili, Chairman of the State Council. The study reviewed the current state of the Omani economy and existing sources of national income. It also outlined international experiences in tackling challenges related to income diversification and financial sustainability. Concluding the discussion, the study stressed the importance of exploring future opportunities and provided recommendations for diversifying income sources across various economic sectors. The Council also reviewed a report by the Social and Cultural Committee regarding its meeting with officials from the Social Protection Fund to discuss mechanisms for implementing the social protection system. Additionally, the Council's bureau reviewed reports submitted by members following their participation in regional and international forums, along with updates on ongoing progress reports © Apex Press and Publishing Provided by SyndiGate Media Inc. (
