Zero tax on meds and foods starting October 1
The Tax Authority in the Sultanate of Oman has issued three decisions that exempt specific products from Value Added Tax (zero tax rate) starting October 1, 2026, aiming to lower their prices in the local market. The decisions include: First, veterinary medicines and supplies exported with the permission of the Ministry of Agricultural Wealth; second, medical medicines and supplies, including herbal medicines, biological and health preparations, foods for medical use, and various medical accessories, with a comprehensive list included in the appendix covering hundreds of items such as herbal medicinal extracts, children's medications, natural honey, medical alcohol, various nicotine products, artificial limbs, and other medical materials; and finally, food products such as fresh and chilled meats, poultry, fish, dairy and dairy products, vegetables, spices, oils, rice, and salt. These decisions aim to reduce the costs of these products and improve their accessibility in the local market.
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