Offences and Penalties under DPCO 2013

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:

  1. Overcharging Beyond Ceiling Price:

    • Selling a scheduled formulation at a price higher than the ceiling price.
  2. Failure to Display Price Lists:

    • Manufacturers and retailers must display price lists
  3. Non-compliance with Reporting Requirements:

    • Failure to submit pricing data to NPPA.
  4. False Information:

    • Providing incorrect or misleading data regarding pricing or sales.
Advertisements

Penalties:

  1. Refund with Interest:

    • Overcharged amounts must be refunded to consumers with 15% interest.
  2. Prosecution:

    • Legal action, including fines and imprisonment, can be taken for serious violations.

Thank you for reading from Firsthope's notes, don't forget to check YouTube videos!

Advertisements
Advertisements

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.