Pharmaexcil Registration
Pharmaexcil Registration
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Pharmexcil Registration in India:
The Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) is a pivotal government-supported organization established in 2004 to facilitate and promote the export of pharmaceutical products from India. Operating under the preview of the foreign trade policy, PHARMEXCIL assists Indian pharmaceutical companies in expanding their global reach and accessing new markets. The organization provides comprehensive services to its member companies, including market research, assistance with product registration, regulatory support, and participation in trade fairs. PHARMEXCIL registration is a prerequisite for pharmaceutical exporters, enabling them to partake in various government-supported export promotion schemes and initiatives. By offering crucial support and fostering fair trade practices, PHARMEXCIL plays a vital role in the growth and international expansion of the Indian pharmaceutical industry.
Why do Exporters of Pharmaceutical Products Need it?
PHARMEXCIL (Pharmaceuticals Export Promotion Council of India) registration is essential for pharmaceutical companies aiming to export their products.
It enables companies to participate in government-supported export promotion schemes and initiatives.
PHARMEXCIL provides necessary support and assistance for Indian pharmaceutical companies to expand their global presence.
Steps for Pharmexcil Registration – with Professional Utilities:
Engage with professional utilities or agencies specialized in export-related services.
These services can assist in the PHARMEXCIL registration process, providing guidance and ensuring compliance with the necessary requirements.
Fee for Pharmexcil Registration of RCMC:
The fee for PHARMEXCIL RCMC registration may vary based on factors such as the type of exporter, scale of the business, and other considerations. The fee structure is typically available on the PHARMEXCIL website.
Benefits of Pharmexcil Registration:
Access to market research and information on global opportunities.
Participation in trade fairs and exhibitions organized by PHARMEXCIL.
Regulatory support and assistance in product registration.
Facilitation of fair trade practices for pharmaceutical exporters.
Eligibility for government-supported export promotion schemes.
Networking opportunities within the pharmaceutical export community.
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Required Document List
- Import Export Code (IEC) certificate
- PAN card of the company or proprietor
- Aadhaar card of the company or proprietor
- Bank account details
- Company registration certificate (if applicable)
- Manufacturing License / Drug Manufacturing License
- Drug List with Product details and HS Codes
- Copy of canceled Cheque with Bank Name and Account Number
- Chartered Accountant’s Certificate mentioning Export Turnover or Domestic Turnover for last 2 Years
- Declaration for being a bona fide pharma exporter
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Frequently Asked Questions
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Who should register with Pharmaexcil?
- Manufacturers and exporters of pharmaceutical products: This includes categories like bulk drugs, formulations, medical devices, biopharmaceuticals, etc.
- Merchant exporters: Individuals or companies trading in pharma products without necessarily manufacturing them.
What are the benefits of Pharmaexcil registration?
- Preferential trade benefits: Enjoy reduced duty rates under various FTAs.
- Market access and support: Participate in trade fairs, buyer-seller meets, and receive market research assistance.
- Government schemes and assistance: Access duty drawback, RoDTEP, and other export incentives.
- Dispute resolution support: Get help in resolving trade disputes with foreign entities.
- Simplified export documentation: Obtain RCMC (Registration-cum-Membership Certificate) for streamlined clearance.
How do I register with Pharmaexcil?
- Online: Fill out the application form and upload documents through the DGFT portal (https://www.dgft.gov.in/).
- Offline: Submit the form and documents at regional Pharmaexcil offices.
Registration fees and annual membership dues vary depending on your company size and product categories. Refer to the Pharmaexcil website for updated fee structures: https://pharmexcil.com/uploadfile/ufiles/RCMC_ApplicationForms.pdf
How do you generate leads and prospects for our business?
Processing time generally ranges from 5-10 working days but can vary based on application complexity and workload.
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