Query: What will be impact of GST on PCD franchise companies as we purchase goods from companies on net rates. Response: Impact of GST at Pcd Companies: GST is not making much impact at pcd market. Most important impact of gst at pcd market will be increase of Taxes. Remaining will be as usual. …
Read Related: What is Goods and Service Tax (GST)? GST rates for Pharmaceutical/Ayurvedic/Nutraceutical ProductsHow to generate e-way bill under GST? Process of GST return includes electronic filling of return, uploading invoice level information and auto reflection of information related to Input Tax Credit (ITC) from returns of supplier to that of recipients, matching of Invoice …
Query: I need full detail information about costing and processes of third party manufacturing Response: Read in detail about third party in following articles: What is Third Party manufacturing? Investment required to start marketing company through third party manufacturing What is the procedure for procurement of packaging material in Third Party Manufacturing? Minimum order …
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 …
Goods and Service Tax (GST) is not a simple word which is related to a Tax structure. It is beyond the tax structure. It is a Surgical Strike at Industry level. Everyone is talking about only tax structure or how it will applicable or how many returns is to be filled in a month. Actaully …
Capsule: Capsule is an empty cell made of gelatin or any other material which is used to fill medicinal agents and or insert substances. Capsule cell is made-up of two source. One is Animal sources and second is vegetarian source. Animal source capsules are known as Gelatin capsule. Majority of capsules used in pharmaceutical industry …
Query: I have some queries 1. What are the details of a patient and doctors has to be noted and to be keep in record ? If possible please attache specimen sample2. For How many years the Schedule H1 Medicines Record To Be Kept Stored?3. Is only purchase bill of schedule H1 drugs is to …
Query: I need to know, can I start wholesale business only for cardiac care while providing medicine to patient directly.Also have partnership with local doctors to send patients directly to my wholesale unit only for cardiac care as it provides medicine at lower prices to patients directly. Response: Whether cardiac or any other …
Query: Is there any limitation set by companies in the number of c&f in one state or whosoever wants to establish in a state irrespective of no.s of c&f in state…. Actually wants to that if suppose in srinagar there are already 5 or 6 c&f in … Can any company permits me to establish …
We remember when we hear about DPCO (Drug Price Control Order) in 2013 for first time. That was time when pharmaceutical sector feels the heat of low margin. Before DPCO, High MRP and High profit margins lucre other business professionals to enter into pharmaceutical sector. After DPCO, Pharma sector started to change. In initial stage …