LatestOman News

Starting today, sugar-sweetened drinks will be costlier in Oman

TAS News Service
October 1,2020 9:43 am

MUSCAT : Starting from today (October 1), Oman will impose a 50 per cent excise tax on sweetened drinks.

Beverages containing added sugar or sweeteners that are ready-to-drink, concentrates, gels, powders, extracts, or any form that can be converted into sugar sweetened beverage, will be subject to a 50 per cent excise tax.

However, the list excluded some products such as 100 per cent natural fruit and vegetable juices, milk, and other dairy products that contain at least 75 per cent of milk, nutritional supplements, and beverages intended for special dietary and medical use.

“The authority would also like to emphasize the need for importers of goods subject to selective tax (including sweetened drinks) to verify the presence of the products they import in the list of taxable products on the online portal of the tax authority,” a statement from the Tax Authority said.

Last year, Oman introduced a 100% tax on tobacco, alcohol, pork meat and energy drinks and a 50% tax on carbonated drinks.

Liked this story? We’ll send you more. Subscribe to TAS newsletter and get stories delivered to your inbox. Click to get started.

Show More

Related Articles