00:00Implementing rules and regulations in the law, including the VAT refund for foreign tourists, according to the Department of Finance.
00:07Foreign tourists can now apply for a VAT refund for the local goods they bought from accredited stores in the Philippines.
00:15The VAT refund includes products that are not less than P3,000, such as gadgets, souvenirs, and food.
00:25The law is in favor of improving the tourism economy of the country.
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