OMOmanUpdated for 2026Finance

Oman Gold Price, Workmanship & VAT Calculator 2026

Calculate the final purchase price of 24K, 22K, 21K, and 18K gold in OMR including jewelers' workmanship fees and Oman Tax Authority VAT rules.

Calculated Result

Final Total Purchase Price

551.26OMR

Calculator Inputs

Grams
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OMR
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OMR
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Final Total Purchase Price

551.26OMR

Total Raw Gold Value

498.76 OMR

Total Workmanship Fee

50 OMR

VAT on Workmanship (5%)

2.5 OMR

Raw Gold Price per Gram

24.94 OMR

Investment gold bars (24K, 99%+ purity) are zero-rated (0% VAT). For jewelry and ornaments, 5% VAT is strictly charged on crafting and workmanship fees.

This calculator is a mathematical model for general financial estimation, planning, and educational guidance. Results depend on your inputs and standard formulas, and do not constitute binding financial, tax, or investment advice. Always consult a qualified professional before making financial decisions.

Official Statute: قانون ضريبة القيمة المضافة الصادر بالمرسوم السلطاني رقم 121/2020 وضوابط جهاز الضرائب الخاصة بإعفاء الذهب الاستثماري بنسبة الصفر وإخضاع المصنعية لنسبة 5% VATLast Verified: 2026-09-07

Calculation Methodology

Raw Price = 24K Spot * (Karat / 24). Total Raw Cost = Raw Price * Weight. Workmanship Total = Workmanship/g * Weight. VAT = Workmanship Total * 5%. Final Total = Raw + Workmanship + VAT.

Frequently Asked Questions

Under Oman VAT regulations, pure investment gold (24K bullion with 99%+ purity) qualifies for the 0% zero-rate. For jewelry, the 5% VAT rate is applied to the crafting and workmanship charges.

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