Gazette Information

Gazette Title

The Gazette of India: Extraordinary

Gazette Number

5021 GI/2024

Publication Date

August 8, 2024

Issuing Authority

Ministry of Chemicals and Fertilizers (Department of Pharmaceuticals)

Summary

• The National Pharmaceutical Pricing Authority (NPPA) has revised the ceiling prices for certain scheduled formulations.
• The revision is based on the Drugs (Prices Control) Order, 2013, and considers a WPI impact of 0.00551% for the year 2024.
• Manufacturers must adjust their prices to comply with the new ceiling prices.
• Existing manufacturers with prices below the new ceiling must maintain their current prices.
• Manufacturers are required to submit quarterly returns regarding production and sales of scheduled formulations.