Home NEWS Home panel approves tax exemption on LGU purchases of COVID-19 photographs

Home panel approves tax exemption on LGU purchases of COVID-19 photographs

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(Philstar.com) – February 15, 2021 – 3:28pm

MANILA, Philippines — A Home committee permitted the tax provision of a invoice permitting native authorities models to buy COVID-19 vaccines instantly from producers.

The Home Methods and Means Committee permitted the tax provision of Home Invoice 8648 or the Emergency Vaccine Procurement Act of 2021, which seeks to authorize native governments to obtain COVID-19 photographs on their very own with out having to undergo public bidding.

The measure nonetheless must be permitted by the Home in plenary.

At the moment, native governments should strike a tripartite take care of the nationwide authorities and vaccine makers to safe doses of COVID-19 jabs.

“Time is of the essence. Every day of delay could be very pricey for the federal government, and leaves lots of our weak countrymen uncovered to the risks of this illness,” the invoice’s explanatory observe learn.

The invoice was filed by Speaker Lord Allan Velasco (Marinduque), Majority Chief Ferdinand Romualdez (Leyte) and Minority Chief Joseph Stephen Paduano (Abang Lingkod party-list).

Part 6 of the proposed measure states that the “procurement, importation, storage, transport, distribution and administration of COVID-19 vaccines by the native authorities models shall be exempt from customs duties, value-added tax, excise tax and different charges, offered, that the vaccines acquired shall be solely used for his or her residents and constituents, and never for industrial distribution.”

Below the invoice, LGUs can solely purchase COVID-19 vaccines that are registered with the nation’s Meals and Drug Administration or have been granted an emergency use authorization.

The invoice additionally gives for added exemption to common procurement guidelines by authorizing provinces, cities and municipalities to make superior fee of as much as 50% to COVID-19 drug and vaccine makers in the event that they require it, except in any other case directed by the president.  

Overseas producers that demanded superior fee are required to provide the vaccines inside six months from the perfection of the contract.

The proposed measure additionally goals to create an indemnification fund to cowl hostile occasions following immunization (AEFI).

Senate Majority Chief Juan Miguel Zubiri filed an identical invoice within the higher chamber.

Nationwide technique

Rep. Joey Salceda (Albay), who chairs the committee, harassed the necessity for the nationwide authorities to set clear tips on how LGUs can procure, retailer and administer vaccines in probably the most environment friendly method attainable

“Within the correct time, I would suggest amendments to the invoice. Specifically, there must be some strategy to cluster particular person LGU procurements in order that we will profit from economies of scale. That shall be particularly helpful in storage, since we will have shared storage services for LGUs,” Salceda stated in an announcement.

“Procurement is simply half the issue. Logistics is what issues as soon as vaccines are right here,” he added. — Gaea Katreena Cabico with report from Xave Gregorio

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