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Blog entry by FintEdu Admin

Oman to Expand Digital Tax Stamp Programme to Excisable Beverages in 2025

Oman, 20 December, 2024 : Oman will extend its Digital Tax Stamp programme to all imports of excisable beverage products starting January 31, 2025. This marks the third phase of the initiative by the Oman Tax Authority (OTA), which aims to strengthen tax compliance by tracking excise goods through digital stamps.

The programme, launched in 2019, currently applies to cigarettes and tobacco products. It will now include carbonated drinks, sweetened beverages, and energy drinks, though duty-free sales and exports are excluded. The tax stamps, featuring unique digital codes, will allow authorities to monitor excise goods across the supply chain.

From January 31, 2025, excisable beverages entering Oman must have tax stamps. By April 30, 2025, sales of such products without tax stamps will be prohibited. The tax stamps can be applied using two methods: ‘Direct to Products’ (DTP) for manufacturers and Physical Markers, which are manually applied labels.

The Tax Authority has partnered with De La Rue, a British digital solutions company, to implement the tax stamp system, which complies with global standards and ensures tighter control over excise tax payments and goods monitoring.

Source : www.zawya.com

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