The State Council has forwarded to His Majesty Sultan Haitham bin Tarik the draft of the Value-Added Tax (VAT) law referred by the Council of Ministers as a matter of urgency with the opinion of the two councils.
This was following extensive discussions and approval of the joint committee report between the State Council and Majlis A’Shura that studied the review of the observations received concerning the draft law.
This came during the 11th Ordinary Sitting of the first annual session of the seventh term of the State Council, headed by Dr Badria Ibrahim Khalfan al Shihi, vice chairperson, in the presence of the council members and Khalid bin Ahmed al Saadi, secretary general of the council, along with the participating council members via video conferencing.
The vice chairperson in her opening speech valued the Royal Decrees issued by His Majesty Sultan Haitham bin Tarik, on reorganising and restructuring the state’s administrative apparatus, providing it with competent work force having expertise in various fields, consolidating the principles of state institutions, and leading the fortification of Oman Vision 2040.
Dr Badria congratulated Sheikh Abdul Malik bin Abdullah al Khalili for his appointment as State Council chairman and Khalid bin Ahmed al Saadi on his appointment as the secretary general of the council, and prayed for the success of their endeavours and guidance to be on the right path.
The council’s vice chairperson extended on behalf of the council deepest gratitude to Dr Yahya bin Mahfoudh al Manthri, the former State Council chairman, and to Dr Khaled bin Salem al Saidi, former secretary general of the council for their sincere efforts exerted during their tenure at the council, and prayed to God Almighty for their success and long life.
Dr Badria reviewed the agenda of the sitting, and said that the council will devote the sitting to discuss the recommendations of the joint committee between the State Council and Majlis A’Shura regarding the articles in discrepancy between the two councils on the draft of the VAT law referred by the Council of Ministers. She indicated that Majlis A’Shura had discussed the opinion of the joint committee and agreed to its recommendations at its 13th Regular Session, held at the beginning of this month.
She explained that the high orders of His Majesty the Sultan had postponed the dissolution of the current session until the Council of Oman concludes its decision on the draft law.
Dr Badria added that with the approval by the council of the recommendations of the Joint Committee, the council would end its work for the first annual session of the seventh period.
The approval of the report of the joint committee on the draft law came after extensive discussions by the council members.