VAT SECTOR UPDATES

Oman Tax Authority has published VAT Oil and Gas Sector Guide (‘the Guide’). The Guide provides additional guidance for the application of the VAT Law and its corresponding Executive Regulation to the Oil and Gas Industry in Oman.We have captured the key features of the Guide for your reference.

The Guide can be downloaded from the link BDO Oman publication_VAT Oil & Gas Sector Guide

Please reach out to our VAT team to understand your VAT obligations.