Drug license is a permit granted by the competent authority to carry out a business concerning drugs/medicines or cosmetics under the Drugs and Cosmetic Act, 1940.
Drug License in India is a kind of permission by the concerned State Authority to the manufacturers, retailers, wholesalers, distributors and all those who are engaging in the business of pharmaceuticals for carrying out the business activities related to the pharmaceutical industry.
Respective State Drug License Authority issues this License under the Drugs and Cosmetics Act, 1940. There are three significant classifications of Drug License in India which may be further divided into further categories.
1. Offer the Legal Ground for Executing Drug Related Activities
2. Impart Transparency and Boost the Credibility of the Business
3. Ensure Better Management and Efficacy
4. Help in Keeping the Drug in Best of the State
5. Helps In Establishing Strong Relation with the Retailers
6. Increase Market Reach Due To Legal Status
1. ID proof of partner/director/proprietor.
2. Documents related to premises – Copy of ownership documents of property or rental agreement as the case may be.
3. Site plan and key plan of the premises.
4. Copy of Board resolution permitting obtaining of a license.
5. Proof of availability of storage space as cold storage, refrigerator, etc.
6. Copy of challan as a proof of depositing fee.
7. Affidavit regarding non-conviction of proprietor/partner/director and the firm.
8. The affidavit from the registered pharmacist/competent person.
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