A BILL seeking to exempt medicines for mental health conditions from value-added tax (VAT) has been filed before the House of Representatives.
The proposed law mandates the Department of Health (DoH) to issue a list of approved drugs and medicines for mental health conditions with VAT exemptions.
Source: www.bworldonline.com
Latest Posts in "Philippines"
- BIR Falls Short of VAT Collection Target by P6.37 Billion in First Seven Months
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Electricity Sector Case
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Automotive Export Case
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales to PEZA Entities
- Philippines Maintains Digital VAT Despite Trump’s Tariff Threats on American Tech Giants
