IPP REVENUE HITS

Saturday, January 19, 2013

Professional Tax Registration (PTR) for Pharmacists

All professionals who are actively working must have their PTR with them. PTR should be applied and acquired after receiving the PRC ID and must be renewed starting the year. Missed renewal or late renewal will cause you penalty or chargers depending on your profession and case. The amount of payment of PTR is ranging from Php200 – Php500, and may depend on the city or town you are applying for. The original PTR receipt should be kept and may be photo copied for future purposes and be used in renewing. Government employees are exempted from applying PTR.

PTR for pharmacists are very important in their line of work and registration. PTR are needed whenever a transaction is done between a two pharmaceutical companies or agencies are transacting. Pharmacy PTR no. are needed for registration and renewal of license of pharmaceutical company in FDA, in PDEA, in big distributors or manufacturing company. PTR no. is one the important documents that a pharmacist should always update and have.

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