The Bureau of Internal Revenue (BIR) has exempted nine more medicines from Value-Added Tax (VAT), it said in a circular dated June 11.
Revenue Memorandum Circular (RMC) No. 59-2025, issued on Wednesday, outlines the latest list of VAT-exempt medicines endorsed by the Food and Drug Administration (FDA) of the Department of Health (DOH).
The newly exempted medicines include:
Cancer: Bortezomib, Docetaxel (as trihydrate), Lenvatinib (as mesylate), Lenalidomide, and Paclitaxel.
Diabetes: Saxagliptin (as hydrochloride)...
The Bureau of Internal Revenue (BIR) has exempted nine more medicines from Value-Added Tax (VAT), it said in a circular dated June 11.
Revenue Memorandum Circular (RMC) No. 59-2025, issued on Wednesday, outlines the latest list of VAT-exempt medicines endorsed by the Food and Drug Administration (FDA) of the Department of Health (DOH).
The newly exempted medicines include:
Cancer: Bortezomib, Docetaxel (as trihydrate), Lenvatinib (as mesylate), Lenalidomide, and Paclitaxel.
Diabetes: Saxagliptin (as hydrochloride)...
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