This code list defines the reasons for VAT exemption applicable to supplies and imports under Oman VAT regulations. These codes are used to indicate the legal basis for applying a VAT exemption to a transaction.
| Code | Name/Description |
|---|---|
VATEX-OM-01 |
Qualifying Financial Services.
VAT exemption applicable to qualifying financial services as defined under Oman VAT regulations. |
VATEX-OM-02 |
Educational Services and Related Goods and Services.
VAT exemption applicable to educational services and closely related goods and services. |
VATEX-OM-03 |
Healthcare Services and related Goods and Services.
VAT exemption applicable to healthcare services and closely related goods and services. |
VATEX-OM-04 |
Rental of properties for residential purposes.
VAT exemption applicable to the rental of properties for residential purposes. |
VATEX-OM-05 |
Local Passenger Transport.
VAT exemption applicable to the supply of local passenger transport services. |
VATEX-OM-06 |
Undeveloped land (bare land).
VAT exemption applicable to the supply of undeveloped land (bare land). |
VATEX-OM-07 |
Resale of residential properties.
VAT exemption applicable to the resale of residential properties. |
VATEX-OM-08 |
Imported goods supplied to diplomatic and consular bodies, international organizations, and the heads and members of diplomatic and consular bodies.
VAT exemption applicable to imported goods supplied to diplomatic and consular bodies international organizations and their entitled members. |
VATEX-OM-09 |
Imports for the Armed Forces and Internal Security Forces.
VAT exemption applicable to imports made for the armed forces and internal security forces. |
VATEX-OM-10 |
Imported supplies for non-profit charities.
VAT exemption applicable to imported supplies for approved nonprofit charitable organizations. |
VATEX-OM-11 |
Import of returned goods.
VAT exemption applicable to the import of goods that are returned to the country. |
VATEX-OM-12 |
Imported Goods in cases where the supply of such Goods is exempted from Tax or subject to Tax at a rate of zero percent in the Final Destination Point of Entry.
VAT exemption applicable to imported goods where the supply of such goods is exempt from VAT or subject to zero percent VAT at the final destination. |