What is the VAT rate for veterinary medicine ingredients?

In Section 2 of Official Dispatch 16028/BTC-CST of 2014 providing guidance on value-added tax for veterinary drugs, veterinary vaccines, raw materials for production of veterinary drugs, and specialized equipment and tools for the veterinary sector issued by the Ministry of Finance, it is stipulated:

*"The Ministry of Finance provides guidelines on the application of VAT policy for the items of veterinary drugs, raw materials for producing veterinary drugs, veterinary vaccines, specialized equipment, and tools for the veterinary sector as follows:
...
2. Raw materials for veterinary drugs:

a) In the case where raw materials for veterinary drugs belong to product groups marked with (5) in the VAT rate column of the VAT Tariff issued together with Circular No. 83/2014/TT-BTC, a VAT rate of 5% is applied;

b) In cases where raw materials for veterinary drugs belong to other product groups marked with (10) in the VAT rate column of the VAT Tariff issued together with Circular No. 83/2014/TT-BTC, and have import permits issued by the Department of Animal Health, a VAT rate of 5% is applied."

Therefore, for raw materials for veterinary drugs, a VAT rate of 5% will be applied. For more details, you may refer to the VAT Tariff issued together with Circular 83/2014/TT-BTC.

Sincerely!