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Pharmacists' chamber: Reduced VAT rate on OTC drugs will lower their prices by 18%-19%

Author: Marija Šestan

ZAGREB, Jan 1 (Hina) - The enactment of the law lowering the standard Value Added rate of 25% to 5% on non-prescription medicines will pave the way for the reduction of retail prices of OTC drugs by 18-19 percent as of the start of 2019, the Croatian Chamber of Pharmacists (HLJK) has recently stated.

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