The government has expanded its value-added tax (VAT) exemption to more than 2,263 medicines, with cancer drugs making up the largest share at 702 items, followed by treatments for hypertension and diabetes.
The Bureau of Internal Revenue said the updated list, endorsed by the Department of Health’s Food and Drug Administration, aligns with the TRAIN Law and CREATE Act and replaces previous issuances.
The exemption also covers medicines for mental illness, kidney disease, high cholesterol, and tuberculosis, broadening access to essential treatments.
Health officials said medicine prices are expected to remain stable until June, as pharmaceutical firms are committed to holding prices despite global fuel-related cost pressures.
The Department of Health continues to monitor drug prices and encourages the public to use its price tracking system to find affordable medicines.
Source: PhilNews24 | April 11, 2026
GOVERNMENT EXEMPTS 2,263 MEDICINES FROM VAT
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