Category: Ministerial Decision

1. His Excellency Dr Yahya bin Nasser Al-Khusaibi	Chairman
2. Advisor Saleh bin Ali bin Nasser Al-Mahrouqi	Deputy Chairman
3. Mr Mohammed bin Said Al-Abri	Member
4. Dr Mustafa bin Juma Al-Hashemi	Member
5. Mr Ibrahim bin Said Al-Eisari	Member

Article II

All that is contrary to this decision, or in conflict with its provisions, is hereby repealed.

Article III

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 8 Rabi Al-Thani 1442
Corresponding to: 24 November 2020

Saud bin Nasser Al-Shukaili
Chairman of the Tax Authority

Published in Official Gazette 1368 issued on 29 November 2020.

Tags Tax Authority

Ministerial Decision

Oman Commercial Arbitration Centre: Decision 8/2020 Issuing the Arbitration Rules for the Oman Commercial Arbitration Centre

Post author By admin
Post date November 24, 2020

Arabic Auto Translate

Published in Official Gazette 1369 issued on 6 December 2020.

Tags Oman Commercial Arbitration Centre

Ministerial Decision

Royal Oman Police: Decision 275/2020 regarding the Controls for Depositing Documentary (Written) Guarantees for Customs Tax

Post author By admin
Post date November 23, 2020

Arabic

Based on the Police Law promulgated by Royal Decree 35/90,

Royal Decree 67/2003 Implementing the Unified Customs Law of the Cooperation Council for the Arab States of the Gulf,

the Executive Regulation of the Unified Customs Law of the Cooperation Council for the Arab States of the Gulf issued by Decision 23/2005,

the Regulation of the Rules and Procedures for Clearing Goods and Suspending Customs Tax Payment issued by Decision 173/2018,

and the approval of the Ministry of Finance,

and in pursuance of public interest,

it is hereby decided

Article I

Customs guarantees must be in the form of cash or bank guarantees. As an exception to this, the Director General of Customs may approve the deposit of a documentary (written) guarantee for customs tax to the following entities:

1. Units of the administrative apparatus of the state and other public legal persons.

2. Companies and establishments holding the advantage of the Authorised Economic Operator Programme.

3. Companies and establishments importing to free zones or customs warehouses in the Sultanate.

4. Companies and establishments operating in import activity to re-export.

Article II

The entities referred to in article I of this decision shall complete the customs procedures within the period prescribed by law. In the event that this is violated, a fine is imposed in accordance with the provisions of article 32 of the aforementioned Executive Regulation of the Unified Customs Law.

Article III

The documentary (written) guarantee stipulated in article I of this decision must equal the value of the customs tax imposed on the goods.

Article IV

In the event that the entities referred to in article I of this decision violate the conditions prescribed for the transport of goods, the Director General of Customs has the right not to approve the deposit of the documentary (written) guarantee.

Article V

The fee for depositing the documentary (written) guarantee stipulated in article I of this decision is hereby determined in accordance with the following:

Documentary (Written) Guarantee Amount in Rial Omani		Annual Fee in Rial Omani
From	To	Annual Fee in Rial Omani
1 (one) Rial	100,000 (one hundred thousand)	1,000 (one thousand)
100,001 (one hundred thousand and one)	500,000 (five hundred thousand)	2,000 (two thousand)
500,001 (five hundred thousand and one)	1,000,000,000 (million)	3,000 (three thousand)
1,000,001 (one million and one)	And above	4,000 (four thousand)