In an effort to remove the uncertainty with respect to the requirement for a confirmation from the Ministry of Health in order to apply 5% VAT rate to medical equipment, on 11 June, the Ministry of Finance issued Circular 43/2021/TT-BTC which amends the provisions in the VAT Circular 219/2013/TT-BTC which deal with the VAT rate applicable to medical equipment.
Source: PwC
