19756
No VAT on Pharmaceuticals
Economy, Domestic Economy

No VAT on Pharmaceuticals

Medical products, including but not limited to medications and treatment kits, are not subject to value added tax, said the deputy head of Iranian National Tax Administration. Therefore, overcharging pharmaceutical buyers with VAT is illegal and those pharmacies found in violation of the law will be prosecuted, Mehr News Agency quoted Alireza Taribakhsh as saying.

Short URL : http://goo.gl/8CrGdR

You can also read ...

Support for  Forex Measures
The head of Competition Council welcomed efforts made by the...
The looming crisis in the emerging markets, set off by the run on the Turkish lira, has had a more direct impact on the Iranian rial than anything the US has claimed.
Since the beginning of the fiscal 2018-19, the Iranian rial...
CBI: Currency Inflow Growing Steadily
Governor of the Central Bank of Iran said on Saturday that...
UK Firm: Progress Made With Iran Airport Contract
UK-based security solutions supplier Westminster Group said it...
Yu Chang Hwang (L) and Mohammad Reza Bakhtiari
South Korea’s new ambassador to Iran, Yu Chang Hwang, said...
Without Waivers, US Sanctions on Iran Will Cripple Iraq
Iraqi officials, struggling to form a new government months...
Uber in Talks to Buy Food-Delivery Company
Uber Technologies Inc. is in early talks to buy food-delivery...
Watermelon Exports  Exceed $100m
Iran exported 569,974 tons of watermelon worth $106.42 million...

Trending

Googleplus