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Bosnia and Herzegovina Approves Tax Exemption for Import of COVID-19 Countermeasures

03 December 2020

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Approved Changes

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Bosnia Herz

The Council of Ministers of Bosnia and Herzegovina has issued a release on decisions adopted during the 20th session of the Council held 26 November 2020. The main tax-related decision adopted during the session is the decision to provide an exemption from customs duties, VAT, and other indirect taxes on certain imports to prevent and suppress the spread of COVID-19 during the state of emergency. This includes an exemption on the import of vaccines, drugs, medical devices, and other medical countermeasures procured through the Agreement on Joint Public Procurement of Medical Countermeasures, the Vaccine Procurement Agreement with the Global Vaccine...