we provide wheels to your business
            Call : +91-99 90 100 590                 Email : info@pharmawheel.com

Pharma units in HP and Uttarakhand urge centre to extend excise benefits to all units till 2020

With contract manufacturing business fast eroding and units migrating to places like Sikkim and Jammu, the pharmaceutical industry in Himachal Pradesh and Uttarakhand have urged the Government to extend the excise benefits to all the units at leasst till 2020 to ensure level playing field.

Major industry associations like the Federation of Pharma Entrepreneurs (FOPE) and the Himachal Pradesh Drug Manufacturers Association (HDMA) have made representations to the Departments of Pharmaceuticals and the Ministry of Commerce with the demand, time and again.

“The contract manufacturing business will come to an end in the next three years. About 30-40 per cent of the units are ready to sell their business or shift to new business segments. The major companies are shifting their bases to places like Sikkim and Jammu where still excise benefits are available,” according HDMA general secretary S L Singla.

“About 70 per cent of the units are not enjoying the advantage of excise benefits now. By 2016 and 2017, the rest of the units also will have lose the benefits after the stipulated 10 years term. What we have been asking the government to extend the benefit at least till 2020 for the survival of the industry here,” he added.

“When it was launched, the excise duty was 16 per cent outside the zones and it lured the companies to migrate and cash on this. The duty was cut down to four per cent over the years and those outside the units now can get more benefits through reimbursement under MODVAT. After paying just four per cent duty on their production cost, they can earn more by reimbursing four percent of the MRP. Thus earns more than we stand to gain,” Singla explained.

website signs of unfaithful husband why do guys cheat
click how do i know if my wife has cheated why husbands cheat
i dream my husband cheated on me women who cheat on relationships online
dating a married woman click dating a married man
viagra discount coupons blog.affordablecomfort.biz coupon for free viagra
pfizer coupons for viagra blog.brunothalmann.com coupon viagra
can i take antabuse and naltrexone can i take antabuse and naltrexone can i take antabuse and naltrexone
forest patient assistance click bystolic card
amoxicillin amoxicillin amoxicillin
free prescription drug discount card prescription drugs coupons cialis coupon card
etodolac side effects markthrice.com etodolac high
buscopan grossesse buscopan contre indication buscopan prix
renova go renova companhia
cialis coupons free cialis discount coupons online cialis coupon card
cialis coupon free discount coupons for prescriptions cialis coupon
cialis 20mg cialis walgreen coupon cialis coupon
nootropil piracetam myjustliving.com nootropil
carvedilol dosage carvedilol carvedilol side effects
pentasa sachet damske.com pentasa nebenwirkungen
cost of abortion pill side effects of abortion pill price of abortion pill
abortion pill prices how late can you get an abortion pill what is an abortion pill
vermox vermox alkohol vermox sirup
cialis free sample coupons discount prescription coupons cialis coupon card
abortion procedure albayraq-uae.com for abortion pill
viagra kamagra cialis viagra kamagra cialis viagra pret
abortion pill alternatives the abortion pill cost abortion pill quotes
canada drug pharmacy coupon dotnet4hosting.asphostportal.com cialis manufacturer coupon 2016
naltrexone and drinking link naltrexone order
what is ldn used for site uses for naltrexone
naltrexone reviews click naltrexone experiences
naltrexone pain management read what happens if you take naltrexone and opiates
dexamethason prednisolon maveholdbarhed.site dexamethason bijsluiter

2/17/2014 12:33:47 PM