Summary
RMC No. 83-2022 publishes the May 18, 2022 Food and Drug Administration letter endorsing updates to the List of VAT-Exempt Medicines under RA No. 11534 (CREATE Act).
Key points
- What the letter covers. The letter comes from FDA OIC-Director General Dr. Oscar G. Gutierrez, Jr.
- Changes to the list. The list includes certain medicines prescribed for diabetes, hypertension and mental illnesses. It deletes certain medicines for cancer and kidney diseases and corrects the Dosage Form for a medicine for kidney diseases.
Deadlines and effectivity
- FDA letter dated May 18, 2022
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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.
