Iran will soon send trade attachés to Azerbaijan, Russia, Oman, and China, Deputy Minister of Industry, Mine and Trade of Iran, Head of the Trade Promotion Organization of Iran (TPOI) Hamid Zadboum …
Iran to send trade attaché to Azerbaijan
Iran will soon send trade attachés to Azerbaijan, Russia, Oman, and China, Deputy Minister of Industry, Mine and Trade of Iran, Head of the Trade Promotion Organization of Iran (TPOI) Hamid Zadboum …
Jindal Steel exits Oman biz via balance 51% stake sale to Vulcan Steel
Jindal Steel owned 48.99% in the Oman unit via Jindal Steel & Power (Mauritius) Ltd. The former had made the deal to exit Oman biz last September …
Oman imposes 5% VAT from April 16. Here’s what it means for revenues
Oman will start implementing a 5% VAT from April 16, Oman News Agency reported recently. The implementation of VAT comes in line with the GCC framework that was agreed upon between the six-nation bloc …
Jindal Steel exits Oman biz via balance 51% stake sale to Vulcan Steel
Jindal Steel owned 48.99% in the Oman unit via Jindal Steel & Power (Mauritius) Ltd. The former had made the deal to exit Oman biz last September …
Oman imposes 5% VAT from April 16. Here’s what it means for revenues
Oman will start implementing a 5% VAT from April 16, Oman News Agency reported recently. The implementation of VAT comes in line with the GCC framework that was agreed upon between the six-nation bloc …
B2B meeting to boost Sri Lankan exports of fruits & vegetables to Oman
Sri Lanka Embassy in Oman jointly with the Sri Lanka Export Development Board, organised a virtual B2B meeting between Carrefour Oman and eight prominent Sri Lankan fruits and vegetables exporter …
Finance State Minister carries PM’s special missive to Oman
Prime Minister Mahinda Rajapaksa’s Special Representative Finance, Capital Market and State Enterprise Reforms State Minister Ajith Nivard Cabraal visited the Sultanate of Oman on April 7 carrying a …
Oman to implement VAT from Friday
Value Added Tax (VAT) on a wide variety of goods and services will comes into force across Oman from tomorrow (Friday). Only businesses and organisations with annual supplies valued over RO1 million …
VAT starts in Oman from tomorrow: What businesses need to know
The VAT laws provide that goods and services, except for select exempted items, traded in and imported into the Sultanate of Oman shall be subject to 5 per cent VAT. Every taxable person importing …