FDA delists Covid meds, devices from VAT-exempt health products

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FDA delists Covid meds, devices from VAT-exempt health products
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CITING provisions of Republic Act 11534, the Food and Drug Administration has delisted several coronavirus disease medicines and medical devices from the list of health products exempted from Value-Added Tax . In its Advisory 2024-0498, the FDA said Covid-19 medicines and medical devices will no longer be among VAT-exempt health products. 'It is stated in Section 12 of RA No.

Also removed from VAT-Exempt products are ChAdOx1-S , Covid-19 mRNA Vaccine , Covid-19 Vaccine Inactivated , Covid-19 Vaccine , Inactivated , Covid-19 Vaccine , Inactivated , Janssen Covid-19 Vaccine ), and Covid-19 Vaccine SARS-CoV-2 rS Protein Nanoparticle Vaccine .

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