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Notification dated: 26th March, 2020 specified the requirements for sale of drugs to the doorsteps of consumers. The notification detail is as follow: MINISTRY OF HEALTH AND FAMILY WELFARE(Department of Health and Family Welfare)NOTIFICATIONNew Delhi, the 26th March, 2020G.S.R. 220(E).—Whereas, the Central Government is satisfied that retail sale of drugs to the doorstep of consumers …
As per notification dated 27th July 2020For selling of hand sanitizer shall be exempted from the requirement of sale licence for its stocking or sale under the provisions of Chapter IV of the Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945. Check out Notification here Notification is as follow: MINISTRY OF …
For starting pharmacy store, one need to have either a pharmacist qualification with registration as a pharmacist with state pharmacy council or has to employee a registered pharmacist as a competent person to run a pharmacy store. This article is based upon query related to education qualification for starting a pharmacy business. Question:For opening Small …
Ayurvedic Medicine shop License: When it comes to opening an Ayurvedic medicine shop, many people wonder if a license is necessary or not. So, we want to clarify that for starting ayurvedic medicine shop, there is no requirement of any type of drug license. This article aims to provide clarity on the licensing requirements for …
E-pharmacy is emerging concept and getting popularity with use of internet. With increase in online purchase of medicines, new business opportunities are also emerging. E-pharmacy is new in Indian Pharmaceutical Industry but has strong presence in western countries. In our video and articles, we have covered documents and procedure to start online pharmacy (E-pharmacy) in …
In this article, we will cover following topic about Pharmacy Business: Definition of Pharmacy Difference between Pharmacy and Chemist Shop Area required and premises specifications Competent Person (Pharmacist) Documents and Requirements How to Start/ Procedure to start Investment Required Inspection Profit Margin FSSAI Registration Shop Registration Pharmacy and Chemist shops are last part of distribution …
In India, There is no special provision or act present that can describe, regulate and specify E-Pharmacy/Online Pharmacy. At present E-Pharmacy/Online Pharmacy is regulated through Drug and Cosmetic Act and Rules & Honorable High Court orders. Department of Health & Family welfare has published a draft to amend Drug and Cosmetic Rules, 1945 to regulate …
Query: Is the margin of pharma retailers in India based on MRP inclusive GST or excluded of GST ? What is the margin of retailers in India? Response: Retailer margin in India is based at PTR (Price to Retailer), not at MRP. Suppose if retailer margin is 20% then it would be calculates …
Query: My father working in livestock department under wb govt as a Veterinary doctor. So i want to open a medicine shop….so can i apply for the license using my father’s cerificate…please answer Response: You can’t apply medicine shop at your father’s registration certificate. There is two reason behind it: One: For medicine Shop, pharmacist …
Query: I want to open a chemist shop. Please give some ideas for it. Please suggest where should I open it , there are many chemist shops near me and also they provide upto 10% discounts on medicines. suggest few ideas to increase business.Also what should I do if the medicine which doctor has prescribed …