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Decision No. 456 of 2022 and Amendments in Oman VAT Executive regulation thereof

 On 16 October 2022, OTA has issued Decision No. 456 of 2022 modifying a few provisions of the Executive Regulations for the Oman VAT Law, which took effect on October 17, 2022.

  • Place of supply of telecommunication services
  • Tax exemption for Financial Services
  • Time limit for issuance of tax invoices
  • Simplified tax invoices
  • E-invoicing provisions
  • Diplomatic refunds process
  • Failure to issue the tax invoice

 

Source: premier-brains.com

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