How to Import Pharmaceutical Products?
How to Import Pharmaceutical Products?
To gain basic knowledge on how to import Pharmaceutical products, read this article. After going through it, you will have basic information about the official procedures required to introduce medicinal products from foreign countries. Some of the items in this category are prohibited or restricted in few countries.
Government registration as importer
In majority of countries, government registration is compulsory to become an importer in the country who can only act as an importer. Foreign Trade government office of particular country is in charge to issue such authorization. For example in India, IEC number (Import Export Code Number) is obtained from the office of Director General of Foreign Trade (DGFT) to work as an importer and exporter in India. It is a one-time procedure to become an international buyer/seller.
These days, in maximum number of the countries, the information on such registration for importer – exporter is linked with customs location and reserve bank, as procedure of imports and exports are online and digitalized. Therefore, the importers of Pharmaceutical products are required to contact concerned government agencies of their importing country to confirm whether Any kind of approval or registrationis required or not for the import of a particular product.
What are the different requirements to import pharmaceutical Products?
The official procedure to import pharma products might differ from one country to another. Moreover, each item intended to be imported has different procedures and formalities to be followed. But, few of the common requirements to import pharma products in major countries are as follows:
- A Free Sale Certificate (FSC) and Certificate of Pharmaceutical Product (CoPP) from exporting country is compulsory ensuring that the product is permitted for sale and approved as pharmaceutical product respectively in the exporting country.
- A few countries claim NOC from Drug controller of importing country to import few of the special medicinal items.
- A Certificate of Origin (COO) issued by necessary official authorities at exporting country is mandatory to import. Certificate helps to determine origin of imported goods to avail exemption on import duties as well as taxes. Various unilateral, multilateral as well as bilateral agreements between countries also allow imports and exports with exemption of import duties, in which COO is the major proof of importing goods.
There are a lot of Pharma Consultants in India that help you in the whole procedure of getting the medicinal products imported with ease. So, if you live in India or abroad and want to venture in the pharma field in India, then make the most of the services of a good Pharma Consultancy in Delhi that offers import registration in India for such products and much more.
Clini Experts, the well known Pharma Consultancy in Delhi. To know more about Vaccine Import Registration in India. visit online - http://cliniexperts.com/
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