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Oman Tax Authority Grants Tax Exemptions for Electric Vehicles
Muscat June 10 2023:
The Oman Tax Authority made a significant announcement regarding Electric Vehicles (EVs) and EV parts in the sultanate. As per the new directives, electric vehicles and hydrogen powered vehicles will be exempted from VAT and customs tax. To qualify the vehicle must be registered in Oman as an electric car or a zero-emission vehicle. The vehicle must also meet the approved specifications and standards in Oman.
This move aims to encourage the adoption of eco-friendly vehicles and support sustainable transportation in the country.