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Description
On 22 January 2020, the Philippines issued Republic Act No. 11467 to exempt VAT on the importations of drugs and medicines for diabetes, high cholesterol and hypertension. The VAT was reduced from 12 ...
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Intervention Details
Intervention Type
Internal taxation of imports
MAST Chapter
F: Price-control measures, including additional taxes and charges
Implementation date
01 Jan 2020
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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Threads
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