GST Registration, GST Registration Procedure,IEC Registration, TDS Return filing, MSME Registration, Drug License, Tax Audit, trade license, RERA Registration, NGO Registration,Shareholders Agreement, Investor Pictch Deck, memorandum of understanding, Franchise Agreement, Joint Venture Agreement, founders agreement, investment term sheet, share purchase agreement, master service agreement, service level agreement, vendor agreement, consulting agreement, legal notice, gift deed, rental agreement, sale deed, non disclosure agreement, will document,business plan Consultant,EPF Registration,ESIC Registration,section 8 company registration,society registration,income tax return filing,eating house license,Political Party Registration
Pharmacy business is one of the lucrative businesses which is not affected by the monetary cycles. Increasing developments in the private hospitals has also lead to the increasing demand for pharmacies which has ultimately lead a huge growth in healthcare and pharmacy industry in our country.
E-commerce companies and e-health companies are also increasing their market with easy availability of medicines to customers by providing same day delivery and cost saving. The pharmacies can be setup in hospitals, shopping areas, residential buildings, housing townships. Pharmacies in the residential building are in form of the firms. No drug license? No pharmacy business! But one thing which is most important for setting up the pharmacy business without which this business cannot be carried is to obtain a drug license. Drug license is a permission granted by the authority to sale, resale, market, manufacture, trade, etc of drugs. It is regulated by Drugs and Cosmetic Act, 1940. Drug license is issued by State Drugs Standard Control Organization or Central Drug Standard Control Organization There are types of Drug License issued which depends upon the type of activities done. Categories of activities:
Types of Drug License
This type of drug license is issued to persons/agencies for operating the general stores. Requirement for Issue of Drug License
Documentation for Obtaining Drug License After fulfillment of all the requirements, you need to have some important documents. Though the issue of drug license issuance is an individual state matter therefore, documentation for obtaining it may vary from state to state but the generic list of items are as follows:
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