IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 15 May 2013 | Removal date: open ended
Still in force

Local operations

 On 15 May 2013, the Indian Ministry of Chemicals and Fertilizers issued the Drugs (Price Control) Order, 2013 thereby bringing the prices of 328 essential drugs and their 680 formulations under price control*. Manufacturers are not allowed to charge prices higher than the calculated ceiling price. However, the Order exempts domestic or foreign manufacturers from such price control who have through their Research & Development in India developed a new drug or a new process for an existing drug or a new drug involving a new delivery system. Further, such exemption will be valid for 5 years from the day the drug is commercially produced.
 
* The list of drugs and formulations is as listed under the National List of Essential Medicines. Currently, the Ministry has fixed the ceiling prices of 509 formulations out of the 680 listed.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

352 Pharmaceutical products
3003 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of two or more constituents which have been mixed together for therapeutic or prophylactic uses, not put up in measured doses or in forms or packings for retail sale.
300310 Containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives
300339 Other
300390 Other
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packin
300410 Containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives
300420 Containing other antibiotics
300431 Containing insulin
300432 Containing corticosteroid hormones, their derivatives or structural analogues
300439 Other
300440 Containing alkaloids or derivatives thereof but not containing hormones, other products of heading 29.37 or antibiotics
300450 Other medicaments containing vitamins or other products of heading 29.36
300490 Other

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