SUBMISSION OF THE PRICE LIST............

By Speed Post

F. No. 13(1037)/2011-Div. III/NPPA/Price list

National Pharmaceutical Pricing Authority

Department of Pharmaceuticals

Ministry of Chemicals & Fertilizers

Government of India

Ph: 23345120 Fax: 23345119

Website: www.nppaindia.nic.in

5^th /3^rd Floor,

YMCA Cultural Centre Building,

1, Jai Singh Road, N. Delhi- 110001.

Date:   01.05.2012

To,

            The Managing Director / Chief Executive Officer,

            M/s.

Sub:     Submission of the price list / supplementary price list

Sir,

DPCO’1995 has been issued in January 1995 in pursuance of New Drug Policy 1994 announced in September 1994 which is a modification of Drug Policy 1986.  The main objectives of the Drug Policy 1986 among others include

:

           

(a) ensuring abundant availability at reasonable prices of essential and life saving and prophylactic medicines of good quality.

As per Paragraph 14 and 15 of DPCO’1995 every drug manufacturing and marketing unit is required to submit their price list / supplementary price list to the NPPA / Govt. / Drug Controller and any other concerned.  The submission of the price lists by the companies is mandatory.  It is, however, noted that your company is not submitting their price list or supplementary price list regularly.

In the union budget for the year 2012-13 Government has enhanced the excise duty from 5% to 6%.  In many state percentage of VAT also varied from 4% to 5%.  It is therefore necessary for the manufacturer to submit their price list by incorporating the change with respect to excise duty and Vat.

            All manufacturer including SSI units are required to submit Form V regularly as per the provisions of DPCO’1995.  It is noted that the consolidated price list of your company has not been received in NPPA so far.  You are therefore directed to furnish the consolidated price list in Form V within fifteen days from the receipt of this letter for all products schedule and non-schedule manufactured and / or marketed by your company.  It is also requested that the soft copy of Form V in CD may also be provided. 

            Non-submission of the price list is a violation of provisions of DPCO’95 and a penal action including prosecution will be initiated against the defaulter company under the provisions of DPCO’1995 read with the provisions of E.C. Act 1955.

Yours faithfully,

(K. K. Jain)

Director (M & S)

Copy to:            1.         IDMA, OPPI, etc. with the request to ensure that their member to comply the said letters.

2.         All State Drug Controllers with the request that they will ensure that the manufacturing unit in their control will comply the said letter and send the Form V to the NPPA.

(K. K. Jain)

Director (M & S)