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Levying of Additional Fee on Sale of Generic Drugs.

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..... Levying of Additional Fee on Sale of Generic Drugs. - News and Press Release Dated:- 13-8-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 13-A .....

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..... ugust-2012 16:34 IST Levying of Additional Fee on Sale of Generic Drugs As per the information available in the website of United States Food and Drug Authority (USFDA), Generic Drug User Fee A .....

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..... mendments act of 2012 came into effect on 9.7.2012 enabling USFDA to charge a fee for registration of Generic Drugs. A clarification was sought from the Indian office of USFDA, who clarified that th .....

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..... e Enactment is intended to streamline the application review and inspection process and to reduce the review time from an average 31 months to 10 months in the next 5 years. It was also clarified that .....

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..... this enactment is applicable to both national and international generic industry. Thus no additional fee from Indian pharmaceutical industry is proposed to be levied. This information was given by .....

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..... the Minister of State for Commerce Industry Shri Jyotiraditya M. Scindia in written reply to a question in Lok Sabha today. DS/GK - News - Press release - PIB Tax Management India - taxmanagem .....

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..... entindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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