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Philippines: Exempted VAT and excise tax on certain essential goods to mitigate the COVID-19 pandemic

Description

On 15 October 2020, the Philippines issued the Bureau of Internal Revenue (BIR) Regulation No.28/2020, exempting the excise tax on the importation of alcohol for medical purposes. The excise tax was ...

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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

25 Jun 2020

Revocation date

19 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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