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Description
On 8 April 2021, following the issuance of the Philippines Bureau of Internal Revenue Regulation No. 4-2021, the Philippines exempted the VAT on imported raw materials used to produce the drugs for th...
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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 2021
Revocation date
31 Dec 2021
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
sector-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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