• New Pharma Policy is hot issue in pharmaceutical sector now days. There are many rumours circulating in industry about new pharma policy. Some may be true and some may be false. Most concern rumours are Banning of Contract and Loan License manufacturing, Fixing of Trade margins and removing brand name from single salt preparations. In this article, we are going to discuss about trade margin fixation. If trade margin has fixed then what could be it. Here we are taking the reference of Draft National Pharmaceutical Policy, 2006. Trade margin is complex phenomena and has been the subject of intense debate from time to time. Everyone has own views in this…

• Query:   I am Anoop Rawat calculating as per your formula. PTR and PTS example given below:Product MRP 60/- Rs GST 18% Slab,  GST 60*100/100+18=6000/118=50.84PTR 50.84*100/100+20=5084/120=42.36 GST 18%=7.63PTS 42.36*100/100+10=4236/110=38.50This is PTS. Our Question is How to Calculate Net Rate because GST include Net Rate. I Know the net rate. Some body provide me. So help me How to calculate Net rates?Response: Calculating MRP, PTR and PTS you can check at our article: How to calculate MRP, PTS and PTR? Net rates are calculated based upon the cost and profit margin at the product. Net rates calculation doesn’t depend at MRP of product but MRP calculation depend at Net rates. Net…

• Query: Sir I used to import protein powder and several other multivitamin from India.Previously i used to import from local party of —— (India) . Now i am including few item from Delhi buddy.My question isI have imported goods in IC 30 and MRP is IC 250. Please sir let me know how can i managge margin in distribution of goods .In nepal stockist margin is 10% and retail Margin is 16% plus i am planning to give 10% bonus.. Please let me know how can i manage distribution margin.Thank you. Response: MRP is 250/-Retailer margin: 16%Stckiest Margin: 10%Bonus: 10%IC is 30/- You didn’t mention tax structure so we are…

• Query: Please suggest me the price calculation method of MRP for Pharmaceutical product  Response: Calculate MRP on basis of following formula: Manufacturing Cost + Packing Cost + Margin + CnF margin + Stockiest Margin + Retailer Margin + Goods and Service Tax(GST) + whole Transportation + Marketing/advertisement expenses + other expenses Read more at : How to calculate Maximum retail price (MRP)? Hope this information will be helpful to you…

• Stock Register:Definition of Stock Register: Stock Register may be define as document/file/software record which is used for maintaining company’s stock. It is based upon live updated of addition of incoming stock (Purchase) and subtraction of issuing stock (Sale). It is an important aspect for any business for Inventory management, preventing shortage problem and maintaining regular supply of products. Stock Management: Managing Stock could be an integral part of managing a company. For small companies or in new start-ups, its a big challenge due to shortage of staff specially in pharma field where huge number of products present. Stock management involves receiving, stocking and dispatching etc. There are many types of…

• Dispatch Register: Dispatch Register is an important documents in any company. In Dispatch Register, all details regarding documents sent, parcel sent or other material sent through courier, post or transport is noted down for future aspect and proper follow-up. Dispatch Register is as important as stock register. Dispatch register can be maintained by following ways.  In Hand written Book/Register In Microsoft Excel In Software Here we are going to provide you in detail about Dispatch register in Excel. Excel is free and easy tool for maintaining Dispatch Register. A brief discussion about dispatch register in Book and Software. Hand Written Book: Hand written book are easily available at book stores…

• Query: You have informed in your article, margin to retailers would be 20%, but recently one retailer said very confidently, that according to rule, retailer margin must be 23.8%, he threaten me to do complaint from drug inspector as I am giving him margin 20% of M.R.P( M.R.P-20%-5%discount+5%tax), Please guide me what is rule as per law. I am giving direct supply to Retailers. Response: In Article How to calculate Price To Retailer, Price To Stockist and Maximum Retail Price?, we will supposing all margins and taxes. They can vary place to place… First of all I want to inform you that What margin you give to retailer doesn’t come…

• What is Maximum Retail Price (MRP)? Maximum Retail Price (MRP) is the maximum price of any product at which a product/service can be sold out to consumer. It is final maximum cost that a consumer has to pay to purchase any product/service. It is inclusive or all taxes. Some persons ask about how to calculate GST at MRP? Maximum retail price is inclusive of all taxes. It is the final/maximum price that could be paid by customer.  No one can increase MRP or sell products at higher rates than its MRP. Companies fixed maximum retail price so that they can compete in market as well as earn enough profit to…

• In This Article, we will cover topic- How to calculate MRP (Maximum Retail Price)? How to calculate PTS (Price to Stockist)? How to calculate PTR (Price to Retailer)? Factors affecting Maximum Retail Price Formulas Excel Sheet Calculator for MRP calculation, PTS calculation and PTR calculation Download MRP/PTS/PTR Calculator Specific Examples to understand MRP/PTS/PTR calculation Query: Kindly explain to me MRP ,PTR and PTS calculation regular all product 5 % GST product and mail to me at my mail. What does it mean PTR and PTS in sales & marketing? How does companies calculate product’s MRP’s. Response: Companies calculation to fix MRP depend upon many Factors: Manufacturing Cost of Product (Infrastructure…

• We hope if you have visited this page, you have Decided to start pharma franchise/pcd marketing Before start you want to know- how much you can earn through pcd pharma and franchise marketing. Unlike other business, this business don’t have fixed percentage margin. How can you earn from it depend at your selling skill. Here we are going to present rough estimate of your total percentage margin. Send your Pcd/Franchise Query at pharmafranchiseehelp@gmail.com or pharmafranchisehelp@gmail.com Check Here:Pcd/Franchise pharma companies list here or Visit our sponsored Franchise Company here Check Sample Product list here Check Elzac Herbals Price List here Check Vatson Remedies Price List here Check Getmax Healthcare Price List…