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OTA activates Digital Tax Stamps in Oman
Muscat October 2, 2022:
Starting from September 19,2022, importers and local manufacturers in Oman can request the digital tax stamps which will be sent to manufactures to put on molasses and other tobacco products.
Ahead of the rollout of the second phase of its Digital Tax Stamp initiative on October 14, 2022, Oman Tax Authority has urged importers of tobacco products and spirits to obtain excise tax stamps to be supplied to their overseas principals for affixing on their goods before they are shipped into the country.
The scheme, which came into effect on June 30, 2022, aims to strengthen regulation of trade and sale of excisable products and optimize the collection of tax levied on such goods. The digital tags will also help clamp down any illegal imports of excise goods in the country.