Home / HEALTH / Cost of medicines to go down after removal of VAT on pharmaceutical products – Govt

Cost of medicines to go down after removal of VAT on pharmaceutical products – Govt

The government earlier this week announced the removal of the Value Added Tax (VAT) on pharmaceutical ingredients in Ghana.

Similarly, the VAT on selected finished pharmaceutical products have also been removed.

This is to ensure that the cost of medicines in Ghana is reduced, the government said.

“Government removes VAT on active pharmaceutical ingredients, manufacturing inputs, and selected finished pharmaceutical products in a bid to reduce cost of medicines in Ghana,” the government said.

 

Source: 3news.com

About Elvis Anokye

Check Also

Reasons why you should boil banana and drink the water regularly in moderation

As a result of its versatility, high nutrient content, and deliciously sweet flavour, bananas are …

The Best Times To Eat Dates For Maximum Benefits

  Here are the ideal times to consume dates for optimal health advantages, according to …

Leave a Reply

Your email address will not be published. Required fields are marked *