Muscat: Oman Tax Authority (OTA) has issued Resolution 521 of 2023 amending some provisions of the executive regulations of the Value-Added-Tax (VAT) Law.
The decision states that taxes paid by charities will be eligible for refunds if it is for non-profit purposes and is in accordance with the laws of the Sultanate of Oman. It also includes goods and services received that are directly related to charitable activities.
The law states that a request to recover the VAT must be submitted to the tax authority for each tax period (every three months), provided that the total amount required to be recovered is not less than RO15, and the refund request must be submitted on the form prepared for this purpose, with the invoice attached to it.
The tax invoice, or the simplified tax invoice, is accompanied by a receipt for deducting the tax value from the applicant’s bank account.
The tax authority must decide on the refund request submitted within 30 thirty days from the date of completing all required documents, otherwise, the request will be considered rejected.
OTA must return the approved amount - in whole or in part - to the taxable person within 15 days from the date of notification of the decision.
The decision also states to recover the tax paid upon import from a non-taxable person in excess of the tax due, a request to recover the Value-Added Tax must be submitted to the OTA for each tax period (every three months), provided that the total amount required to be recovered is not less than RO15.
The refund request must be submitted on the form prepared for this purpose, accompanied by the following documents:
A - Evidence of amending the customs declaration.
B - Proof of recovery of customs tax if collected.
2 - The tax authority must decide on the refund request submitted within 30 days from the date of completing all required documents, otherwise the request will be considered rejected. OTA must return the approved amount - in whole or in part - to the taxable person within 15 days from the date of notifying him of the decision.
The decision states that the tax collected on imported goods in the event that they are re-exported in accordance with the conditions and controls stipulated in the Unified Customs Law can be refunded if collected.
A request for a refund of the VAT is submitted to the tax authority for each tax period (every three months) and the total amount required to be recovered must not be less than RO15 and the refund request must be submitted on the form prepared for this purpose, accompanied by the following documents:
A - Proof of payment of tax.
B - Statement of re-export and customs tax refund if collected.
OTA must decide on the refund request submitted within 30 days from the date of completing all required documents, otherwise, the request will be considered rejected.
OTA The Agency must return the approved amount - in whole or in part - to the taxable person within 15 days from the date of notifying him of the decision.
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