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Excise tax abolition on nutrients/tonics to effect from next year.

Published: 1999-08-23 11:04:00
Updated: 1999-08-23 11:04:00
The Ministry of Finance and Economy announced on Aug. 16 to abolish the excise tax levied on nutrient and tonic drugs effective from Jan. next year.

The KPMA has raised many times the abolition of excise tax levied on nutrient and tonic drugs at about 24.3% to the government., and now the government accepts along with the recent government overall review of such excise taxes having imposed ...

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