Walong karagdagang gamot, exempted na rin sa VAT ayon sa BIR

PTVPhilippines

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00:00Good news po, 8 more medicines are exempted from the value-added tax.

00:04This is still in front of the efforts of the administration of President Ferdinand R. Marquez Jr.

00:10to be able to deliver affordable medicines to the Filipinos.

00:13According to the BIR, under the Revenue Memorandum Circular No. 25-2025,

00:20VATs are being removed from some medicines for diabetes, high cholesterol, hypertension, and mental illness.

00:28Meanwhile, the D.O.H. Food and Drug Administration is working on changes

00:34to the VAT-exempted products under the Train Law and Create Act.

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