VAT Excepted Medicines in the Philippines

Based on the official list of VAT exempt covered drugs provided by the FDA as of January 09, 2019, the following medicines has been ordered by BIR (Revenue Memorandum Circular No. 62-2020) as non-VATable products.

 All products bearing this icon is VAT exempt.

Antihypertension Medicines

 

 Anticholesterol Medicines

 

 Antidiabetes Medicines

Addendum November 2019

 

 BIR List

 

 All products bearing this icon is VAT exempt.