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VAT Exemption for Domestic Pharmaceutical Products Effective June 13, Retroactive to Jan. 26

  • Georgian Official Gazette published Order No. 30/N/No. 200 on June 13.
  • The order exempts specified domestically manufactured and registered pharmaceutical products from VAT.
  • The order applies to both supply and import of these products.
  • It enters into force on the same date of publication.
  • The order is applicable to relationships arising from January 26.

Source: news.bloombergtax.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.

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