Oman: Government to introduce 50 per cent excise tax on sweetened drinks

Muscat, Oman: Oman government will introduce 50 per cent excise tax on the drinks containing sugar from October 1. Now, the consumers will have to shell out more money for the sweetened drinks.

According to the media reports, Tax Authority has issued the decision in this regard on June 18, which includes products like fruit drinks, energy or sports drinks, canned coffee, tea products and juices.

As per the authority, the beverages containing added sugar or sweetener and are ready to drink will be subject to a 50 per cent excise tax from October 1, 2020. The products using 100 per cent natural fruit and vegetable juices, milk and other dairy products will be excluded from the list.

To Listen to this News click on the play button.

LEAVE A REPLY

Please enter your comment!
Please enter your name here