license under drugs and cosmetics act,1940, Other Topics

[S.C. WADHWA]

Dear Experts,

A daughter of our one director of the company doing sale and purchase business of drugs and cosmetics through shop in Delhi and paying vat tax @5%. From whom she is purchasing goods are small manufacturers not having any ayurvedic license or cottage industries license.

Now my query is whether we have to get any license under drugs and cosmetics Act or to pay higher rate of vat tax in the absense of license. Please give your expert opinion with any case law or notifications etc.

REGARDS,

WADHWA

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

You are expected to sale only licensed products.