VATupdate

“super-reduced” 5% rate of VAT for supplies of certain medical goods, but VAT exempted as of May 19 till December 31, 2020

These goods include ventilators, monitoring systems, infusion pumps for drugs, endotracheal tubes, and certain protective devices and masks, among many other items. Supplies of eligible goods if made between May 19 and 31 December 2020 will be VAT-exempt, with the right to recover VAT. As of Jan 1, 2021, these products will be subject to the 5% reduced VAT rate.

Source KPMG

See also www.vatupdate.com

 

This change impacts the following item categories: 

  • #321, Medical Oxygen Sold Under Prescription 
  • #513, Medical Oxygen Sold Without Prescription 
  • #2834, Hand Sanitizers 
  • #3629, Medical Thermometers – Disposable 
  • #3632, Medical Thermometers – Reusable 
  • #4745, Protective/Safety Employee Clothing 
  • #7172, Air Treatment Appliances 
  • #20285, Humidifiers Sold Without Prescription 
  • #118025, Gloves, Non-Surgical, Disposable 
  • #118028, Gloves, Surgical, Disposable 
  • #118088, Apparel – Staff 
  • #118097, Apparel – Staff – Disposable 
  • #118100, Face Masks 
  • #118115, Blood Collection Tubes and Vacutainers 
  • #118118, Transfusion Sets 
  • #118133, Catheter – Suction 
  • #118139, Surgical and Medicated Skin Cleaners 
  • #118154, Feeding Tubes 
  • #118157, IV Administration Kits and Supplies 
  • #118160, Cannula 
  • #118163, Anesthesia Breathing Circuits 
  • #118175, Oxygen Delivery Equipment Used per Prescription 
  • #118211, Electrodes 
  • #118214, Tracheal Tubes 
  • #118223, Blood Pressure Monitors Sold To HCP 
  • #118520, Isopropyl Alcohol Sold To HCP 

 

 

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