Selective tax on Alcohol cut to 50pc

Muscat: Selective tax on alcohol will be reduced to 50 per cent instead of 100 per cent for six months. The reduced rate will be reviewed later, said an official at the Ministry of Finance. The government had imposed tax on tobacco and tobacco derivatives (100 per cent tax), carbonated drinks (50 per cent), energy drinks (100 per cent), alcohol and pork (100 per cent) on June 15 following the Royal Decree 23/2019 promulgating the National Excise Tax Law issued by His Majesty the Sultan on March 13, 2019.