Tag: MRP
AiMeD terms demand of global MedTech companies on pricing as misleading
As per the Association of Indian Medical Device Industry, if trade margins are not rationalized including the importers margin, the consumers will suffer and if MRP is increased then also the consumers will suffer as the MRP is already excessively high...………..
Government plugs-in all loopholes on MedTech price labeling
Now it’s mandatory to display MRP on all imported (and indigenous) medical devices ultimately meant to be billed to consumers.......
Govt cracks the whip, fixes ceiling prices of orthopaedic knee implants
While making it clear that overcharging of knee implants would be strictly monitored and penalized, the government has termed the move to cap their prices as a step to ensure affordable and quality healthcare..........
Mandatory for medical devices to print MRP on the packages from...
Amendments to the Legal Metrology (Packaged Commodities) Rules, 2011 to make mandatory for Medical Devices to print MRP on the packages. Amended rules shall be applicable to e-commerce companies also.........
GST Rollout: 50 kg fertilizer bag to now cost Rs 295.47...
Decision to reduce tax rate on fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers who are expected to benefit to the tune of Rs. 1261 crores under new regime...........
Diagnostics equipment at 18% GST undesirable, says AIMED
While the Association of Indian Medical Device Industry (AIMED) says the prices for most medical devices will not be impacted under the new scheme, it has asked the govt to address the grey areas.........