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RMC No. 129-2022: Publishes the September 1, 2022 letter from the Food and Drug Administration of the DOH endorsing updates to the List of VAT-Exempt Medicines under RA No. 11534 (CREATE Act)

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Summary

RMC No. 129-2022 publishes the September 1, 2022 letter of the Food and Drug Administration (FDA) endorsing updates to the List of VAT-Exempt Medicines under Republic Act No. 11534 (CREATE Act).

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Key points

  1. Update to the list. The update deletes certain medicines prescribed for mental illnesses from the List of VAT-Exempt Medicines.
  2. Source of the letter. The letter comes from FDA Director General Samuel A. Zacate.

Deadlines and effectivity

  • Letter dated September 1, 2022

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Related issuances (1)

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CitesRMC No. 99-2021

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.