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BIR releases list of more VAT-exempt medicines

The Food and Drug Administration (FDA) has submitted to the Bureau of Internal Revenue (BIR) an additional list of medicines used for the treatment of five serious illnesses which are exempted from the 12 percent value-added tax (VAT). The generic names of these medicines included: Ibandronic (Ac

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Bureau-of-internal-revenue
Drug-administration
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Human-papillomavirus-vaccine
Bacillus-calmette
Olive-vaccine
Tuberculin-purified-protein-derivative
Metformin-hydrochloride
Metropolol-succinate
Corporate-recovery

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