The Ministry of Chemicals and Fertilisers (MoCF) on May 04, 2023, issued a notification to fix the ceiling price of Azithromycin, Japanese encephalitis vaccine, Efavirenz and others exclusive of Goods and Services Tax as applicable.
The following has been stated:
• As per para 24(4) of DPCO 2013, every retailer and dealer shall display the price list and the supplementary price list, if any, as furnished by the manufacturer, on a conspicuous part of the premises where he carries on business in a manner so as to be easily accessible to any person wishing to consult the same.
• The manufacturers not complying with the ceiling price and notes specified in the table shall be liable to deposit the overcharged amount along with interest thereon under the provisions of the Drugs (Prices Control) Order, 2013 read with Essential Commodities Act, 1955.
The table with revised ceiling prices is attached to the document.
[Notification No. S.O. 2124(E)]
