The Drugs Control Act, 1950 is an Act of the Parliament of India which regulates the pricing of drugs. It allows the government to fix the maximum price of any drug.[1]
| The Drugs (Control) Act, 1950 | |
|---|---|
| Parliament of India | |
| Territorial extent | India |
| Passed | 1950 |
| Status: In force | |
Summary
editThe Act allows the Government of India to control the sales, supply and distribution of any drug in India. The government can set maximum selling price, and impose various restriction on sale, including the maximum quantity to be possessed by a dealer and the maximum quantity to be sold to one person.[2]
The Act requires a retailer to give a cash memorandum to the customer for any purchase above ₹5, and in case the purchase is below ₹5 the retailer must give a memo if the customer demands.[2]
The violation of the Act carries a maximum of 3 years with or without fine. In case of corporate violators, every director, manager, secretary, agent or other officer or person concerned with the management may be prosecuted unless he/she the offence occurred without his/her knowledge. The investigating officer must have the rank of Inspector in the police.[2]
See also
editReferences
edit- ^ Pillay (30 November 2012). Modern Medical Toxicology. Jaypee Brothers Publishers. p. 30. ISBN 978-93-5025-965-8. Retrieved 22 February 2015.
- ^ a b c "Drugs (Control) Act, 1950" (PDF). National Law School of India University. Retrieved 21 February 2015.