Introduction to Offences and Penalties under DPCO 2013
Below we have described the key offences and penalties under DPCO 2013 for drug pricing violations and non-compliance with Indian pharma regulations.
Offences:
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Overcharging Beyond Ceiling Price:
- Selling a scheduled formulation at a price higher than the ceiling price.
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Failure to Display Price Lists:
- Manufacturers and retailers must display price lists
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Non-compliance with Reporting Requirements:
- Failure to submit pricing data to NPPA.
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False Information:
- Providing incorrect or misleading data regarding pricing or sales.
Penalties:
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Refund with Interest:
- Overcharged amounts must be refunded to consumers with 15% interest.
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Prosecution:
- Legal action, including fines and imprisonment, can be taken for serious violations.
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