{"id":593157,"date":"2019-11-19T04:12:29","date_gmt":"2019-11-19T04:12:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/"},"modified":"2019-11-19T04:12:29","modified_gmt":"2019-11-19T04:12:29","slug":"pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/","title":{"rendered":"Pharma producers seek further exemption from VAT but ministry rejects"},"content":{"rendered":"

Local pharma manufacturers are angling for a wider exemption from value-added tax (VAT) on their products, according to Ahram Gate<\/a>. The manufacturers were granted VAT exemption in 2016 on active ingredients used in their products, but they now argue that the exemption does not cover other production input, such as paper and bottles. The Finance Ministry seems to be standing its ground on this one, saying that the pharma industry\u2019s raw materials and active ingredients are indeed VAT-exempt, signaling that it will not allow for further concessions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Local pharma manufacturers are angling for a wider exemption from value-added tax (VAT) on their products, according to Ahram Gate. The manufacturers were granted VAT exemption in 2016 on active ingredients used in their products, but they now argue that the exemption does not cover other production input, such as paper and bottles. The Finance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9314],"tags":[72,2400,427,69,7110],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593157","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health-education","tag-pharma","tag-tax","tag-vat","wpautop","entry"],"acf":{"mongo_id":"e7c9a79d-7326-48c4-86f2-331535e7902f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[593130],"teaser":"","voice_url":""},"yoast_head":"\nPharma producers seek further exemption from VAT but ministry rejects - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharma producers seek further exemption from VAT but ministry rejects\" \/>\n<meta property=\"og:description\" content=\"Local pharma manufacturers are angling for a wider exemption from value-added tax (VAT) on their products, according to Ahram Gate. The manufacturers were granted VAT exemption in 2016 on active ingredients used in their products, but they now argue that the exemption does not cover other production input, such as paper and bottles. The Finance […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-19T04:12:29+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pharma producers seek further exemption from VAT but ministry rejects\",\"datePublished\":\"2019-11-19T04:12:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Health + Education\",\"pharma\",\"tax\",\"VAT\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/pharma-producers-seek-further-exemption-from-vat-but-ministry-rejects\/\",\"name\":\"Pharma producers seek further exemption from VAT but ministry rejects - 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