MUSCAT : The statistics issued by the Ministry showed that the number of industrial licenses amounted to 11,540 licenses, while the number of customs and tax exemption decisions reached 305.
The number of applications submitted for the import of raw materials and machines, for which a tax exemption was issued for through the ‘Bayan’ system, amounted to 2871 permits for the GCC countries.
The Ministry confirmed that industrial establishments must apply for customs exemption before importing their items through the ‘Bayan’ system.
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