Recovery of Dues
| Home | | Forensic Pharmacy |Chapter: Forensic Pharmacy : The Drugs (Price Control) Order (OPCO), 1995
The Government may by notice direct the manufacturer importer or distributor to deposit amount accrued under DPCO 1979 on or before Commencement of this order into Drugs Prices Equalisation Account within specified time.
Recovery of Dues
The
Government may by notice direct the manufacturer importer or distributor to
deposit amount accrued under DPCO 1979 on or before Commencement of this order
into Drugs Prices Equalisation Account within specified time. The amount shall
be utilized for promoting pharmaceutical education and research, paying the
shortfall between retention price and common selling price to the manufacturer,
importer or distributor; or for meeting expenses incurred by the Government in
discharging different functions related to the Order.
The
manufacturer, importer or distributor has to display prices of non-Scheduled
formulations and their price list. The manufacturer or distributor shall not
refuse sale of drug to dealer and dealer in turn, to a customer without
sufficient reasons.
A
manufacturer, distributor or wholesaler shall sell a formulation to a retailer
unless otherwise permitted at a price equal to the retail price as specified by
an order (excluding exise duty, if any) minus 16% thereof for Scheduled drugs.
The Government
reserves the right of fixing by general or specific order in public interest
the price of any formulation to the wholesaler or retailer in respect.
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