Notification of the application of reduced VAT rate of 5% on galenic and magistral preparations

• Reduced VAT rate of 5% is applied to galenic and magistral preparations
• The reduced rate applies to drugs approved by the competent authority for drugs and medical products
• Galenic and magistral preparations are considered drugs according to the Law on Medicines
• These preparations are made in pharmacy laboratories or galenic laboratories
• They have the approval of the regulatory authority for drugs and medical products
• The reduced VAT rate of 5% is applied to these drugs according to the Law on VAT

Source: porezna-uprava.hr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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