Latest news with #TaxAuthorityofOman
Muscat Daily
30-07-2025
- Business
- Muscat Daily
Digital tax stamps on imported drinks in Oman put off till Nov 1
Muscat – Tax Authority of Oman has deferred domestic enforcement of Phase 3 of the Digital Tax Stamp (DTS) system on certain imported beverages from August 1, 2025 to November 1, 2025. In an announcement, the authority clarified that while customs enforcement for imported beverages – soft drinks, energy drinks and other special beverages (excluding sweetened beverages) – remains effective from June 1, the domestic commercial obligation will now be enforced from November. This implies that from November 1, no beverage in the local market may be sold without approved digital tax stamps. The Tax Authority has stressed that sale and distribution of unstamped products within the sultanate will be strictly prohibited from that date. All importers, manufacturers and retail outlets are required to ensure full compliance and readiness by the revised deadline. The authority confirmed that no extension or exception will be granted beyond this date. The DTS initiative is aimed at enhancing tax compliance, preventing illicit trade and increasing transparency in the supply chain. It aligns with Oman's broader objective to build a sustainable tax system and promote accountability in the excise goods sector. In May, the authority conducted a nationwide awareness campaign, including field inspections and workshops, across governorates to support stakeholders in understanding and implementing the new system. The campaign focused on ensuring a smooth transition for importers, distributors and retailers. The DTS system was introduced in 2022 in phases, starting with tobacco products.
Muscat Daily
12-05-2025
- Business
- Muscat Daily
Oman Tax Authority partners with Omantel
Move marks major step towards digital transformation and improved tax governance Muscat- The Tax Authority of Oman has signed an agreement with Omantel to implement an electronic invoicing (e-invoicing) system, in a significant step towards modernising the nation's tax infrastructure and aligning with global digital standards. The agreement was formalised on behalf of Oman by Nasser bin Khamis al Jashmi, Chairman of Tax Authority and Chief Financial Officer, Ghassan al Hashar, representing Omantel. The new e-invoicing platform is set to enhance operational efficiency, improve the effectiveness of tax systems, and increase public revenue collection. It is part of the Sultanate's broader strategy to digitise public services and promote transparency across government sectors. Omantel will spearhead the design and development of the system, leveraging its extensive technological expertise and commitment to digital innovation and sustainability. The company will provide an integrated solution that supports secure data exchange, streamlines compliance, and ensures interoperability with international tax jurisdictions. 'This agreement marks a qualitative shift in the digital transformation of the tax sector,' said Jashmi. He added, 'The e-invoicing system will not only boost transparency and efficiency but also support small and medium-sized enterprises (SMEs) by simplifying tax procedures.' The initiative aligns with Oman's Vision 2040 goals of creating a competitive and diversified economy driven by technology and innovation.
