Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
16 more drugs exempted from VAT
The Philippine Star
|November 27, 2024
The Food and Drug Administration (FDA) has added 16 more drugs to the list of essential medicines that are exempted from value-added tax (VAT) as mandated by law.
In FDA Advisory 2024-1618, date-stamped Nov. 22, the agency listed 16 more medicines that must be VAT-exempt as provided under Republic Act (RA) 11534, or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.
The move meant making the medicines affordable to the public.
"The FDA is directed to identify and transmit the VAT-exempt health products to other implementing agencies," the agency said.
"In this regard, provided below are the latest updates on the list of VAT-exempt health products pursuant to RA 11534, effective upon the issuance of this advisory," it added.
Esta historia es de la edición November 27, 2024 de The Philippine Star.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Philippine Star
The Philippine Star
Iloilo bet crowned sprint king
A new sprint king has reached the summit of the National Youth Games now known as Batang Pinoy.
1 min
October 30, 2025
The Philippine Star
Charting a shared course: New Zealand, the Philippines and ASEAN
Two years ago, the Royal New Zealand Navy's HMNZS Aotearoa sailed into Philippine waters, for the first time, on a mission of goodwill.
3 mins
October 30, 2025
The Philippine Star
NAIA: A year of change
It’s now been a little more than a year since the Ramon Angled consortium took over the operations and maintenance of the Ninoy Aquino International Airport (NAIA) on Sept. 14, 2024, and what a year it has been for the airport operator.
3 mins
October 30, 2025
The Philippine Star
Lifelong
rom rece
1 min
October 30, 2025
The Philippine Star
Marcos signs law banning POGOS
President Marcos has signed a law banning Philippine offshore gaming operators, more than a year after he ordered a crackdown on the POGOs, which have been linked to cyberscams, money laundering, human trafficking and other illegal activities.
3 mins
October 30, 2025
The Philippine Star
BARON GEISLER FINDS A MENTOR IN 'DELIVERY RIDER' DIRECTOR LESTER PIMENTEL ONG
BARON GEISLER RECENTLY SHARED HOW HE FOUND A MENTOR AND FATHER FIGURE, who continues to inspire him on and off the set, in “Delivery Rider” director Lester Pimentel Ong.
3 mins
October 30, 2025
The Philippine Star
A fascination with the world of maps
My fascination with maps began during my grade school days when I became obsessed with reading historical fiction books and books about other countries.
3 mins
October 30, 2025
The Philippine Star
Lifelong learning law signed
President Marcos has signed the Lifelong Learning Development Framework (LLDF) Act into law, which aims to promote functional literacy at all levels of society.
1 min
October 30, 2025
The Philippine Star
Magno sworn in as NBI OIC
Angelito Magno has formally assumed leadership of the National Bureau of Investigation as officer-in-charge, following President Marcos’ acceptance of the resignation of former NBI director Jaime Santiago.
1 min
October 30, 2025
The Philippine Star
PNP mobilizes units vs profiteering, hoarding
Hoarders and profiteers will be apprehended as the Philippine National Police has mobilized units to assist in keeping the prices of essential goods affordable.
1 min
October 30, 2025
Listen
Translate
Change font size