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The Bureau of Internal Revenue (BIR) has exempted from value-added tax (VAT) several medicines for cancer, diabetes, hypertension, kidney disease, mental illness, and tuberculosis.
Bureau of Internal Revenue Commissioner Romeo D. Lumagui, Jr. issued Revenue Memorandum Circular No. 17-2024 exempting from VAT certain medicines for Cancer,
Bureau of Internal Revenue Commissioner Romeo D. Lumagui Jr. recently issued Revenue Memorandum Circular 72-2023 exempting from VAT certain medicines for Cancer, Hypertension, High Cholesterol, Diabetes, Mental Illness, Tuberculosis and Kidney Disease. This is an update to the list of VAT - Exempt Products under Republic Act No. 10963 (TRAIN…
Bureau of Internal Revenue Commissioner Romeo D. Lumagui Jr. issued Revenue Memorandum Circular 72-2023 exempting from VAT certain medicines for Cancer,