00:00Meanwhile, the Department of Health and the FDA, the Food and Drugs Administration, are continuing to update on VAT-exempted medicines.
00:13In the new Philippine program, Attorney Pamela Sevilla, the spokesperson of the FDA, said that
00:19VAT-exempt medicines include new medicines for diabetes, high cholesterol, cancer, tuberculosis, and kidney disease.
00:27VAT-exempt medicines are included in the 3-8 law.
00:31The FDA believes that the new list of VAT-exempt medicines will help our countrymen, especially those with maintenance.
00:41Attorney Sevilla also told the public to visit the website of the FDA for the list of said medicines.
00:50If you have a need for these medicines, you can check our website to make sure that before you buy a medicine,
01:02we are sure that VAT-exempt medicines will be cheaper to buy and will be easier to use in our pockets.
01:11That is the reason why we always update our list.
01:15These medicines are usually prescription medicines with high prices.
01:20With the 3-8 law, it is good that it is being updated and that we will make it available to the public since it is affordable for most of us.
01:30Is VAT-exempt? Why can't 12% VAT be reduced when we buy it?
01:34VAT-exempt medicines are beneficial to businesses and enterprises that manufacture medicines.
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