This code list defines the reasons for VAT exemption applicable to supplies and imports under Oman VAT regulations. These codes are used to indicate the legal basis for applying a VAT exemption to a transaction.
| Code | Name/Description |
|---|---|
VATEX-OM-01 |
Qualifying Financial Services
VAT exemption applicable to qualifying financial services as defined under Oman VAT regulations |
VATEX-OM-02 |
Educational Services and Related Goods and Services
VAT exemption applicable to educational services and closely related goods and services |
VATEX-OM-03 |
Healthcare Services and Related Goods and Services
VAT exemption applicable to healthcare services and closely related goods and services |
VATEX-OM-04 |
Residential Property Rental
VAT exemption applicable to the rental of properties for residential purposes |
VATEX-OM-05 |
Local Passenger Transport
VAT exemption applicable to the supply of local passenger transport services |
VATEX-OM-06 |
Undeveloped Land
VAT exemption applicable to the supply of undeveloped land (bare land) |
VATEX-OM-07 |
Resale of Residential Properties
VAT exemption applicable to the resale of residential properties |
VATEX-OM-08 |
Diplomatic and International Organizations Imports
VAT exemption applicable to imported goods supplied to diplomatic and consular bodies, international organizations, and their entitled members |
VATEX-OM-09 |
Armed Forces and Internal Security Imports
VAT exemption applicable to imports made for the Armed Forces and Internal Security Forces |
VATEX-OM-10 |
Non-Profit Charity Imports
VAT exemption applicable to imported supplies for approved non-profit charitable organizations |
VATEX-OM-11 |
Returned Goods Imports
VAT exemption applicable to the import of goods that are returned to the country |
VATEX-OM-12 |
Exempt or Zero-Rated Destination Imports
VAT exemption applicable to imported goods where the supply of such goods is exempt from VAT or subject to zero percent VAT at the final destination |