- RMC No. 7-2024 announces changes in the taxation of goods related to COVID-19 prevention and treatment
- Effective from 1 January 2024, these goods will be subject to value added tax (VAT)
- Previously, these transactions were considered VAT-exempt
- The sale or importation of such goods will now incur VAT charges.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
