Maintain records and furnish information as specified

  • Act/Rule/Legislation

  • Online Link to Act/Rule/Legislation

  • Initial Setup or Ongoing Maintenance

    Ongoing compliance requirement

  • Filing and Maintenance Requirements

    The Company has to maintain records
    a. of sales turnover of individual bulk drug manufactured or imported by it,
    (a) of cash memo or credit memo, books of account and records of purchase and the sale of drugs and whether made available such records for inspection
    Company shall file with the Government within six months of closure of accounting year record of turnover and allocation of sales and expenses in Form VI

  • Penalty

    Imprisonment for a term which may extend to one year and shall also be liable to fine

  • Application Guidelines / Responsible Persons / Comments

    Not available