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

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