FDA: 15 essential drugs VAT-exempt
The Philippine Star|July 23, 2024
The Food and Drug Administration FDA) has added 15 products to the list of essential medicines that are exempted from value-added tax VAT).
RHODINA VILLANUEVA

In Advisory 2024-1063, the FDA has endorsed 15 more medicines that must be VAT-exempt, making these products more affordable.

"(The) latest updates on the list of VAT-exempt health products pursuant to Republic Act (RA) 11534 will be effective upon the issuance of this advisory," the FDA said.

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