Wholesaler Drug License Registration In Jammu And Kashmir | Fees, Procedure & Documents

1. Space is required for a physical shop.
2. Must have a full-time qualified pharmacist or a competent person.
3. Submission of documents proving the ownership or legal occupancy of the premises.
4. Provide a detailed blueprint or layout plan of the premises.
5. Submit invoices for all necessary types of equipment.

These are the prerequisites required to start as a wholesaler in the pharmaceutical business in Jammu And Kashmir.

Classification of products under drug and controller act

Drugs are classified under the following categorie for sale in market

• Medicines
• Health Supplements
• Nutraceuticals

The professional fee for a Wholesale drug license in Jammu And Kashmir is INR 24,999/- only. Applicants are required to pay a government fee during the registration process.

Note: The aformentioned Fees is exclusive of GST.

• Legal Compliance: Ensures compliance with the Drugs and Cosmetics Act, 1940, demonstrating a commitment to operating within the bounds of the law.
• Quality Assurance: Involves a rigorous evaluation of products and the facilities where they are manufactured or stored, ensuring consumer confidence in the safety and efficacy of pharmaceuticals.
• Consumer Trust: Legally approved and regulated products build consumer trust in terms of quality and safety, enhancing the brand's reputation.
• Market Access: Many government tenders, hospitals, and medical institutions require suppliers to have a valid drug license, expanding market reach.
• Export Opportunities: If you have aspirations to export pharmaceutical products, a drug license is often a prerequisite, facilitating entry into global markets.
• Regulatory Support: Obtaining a drug license means you are part of a regulated industry, providing access to regulatory support and updates on industry best practices.
• Business Credibility: In a highly competitive industry like pharmaceuticals, credibility is everything. Having a drug license adds a layer of credibility to your business, assuring partners, investors, and stakeholders of legitimacy.
• Risk Mitigation: Operating without a drug license carries the risk of product seizures, legal penalties, and damage to your business's reputation. By obtaining a license, you reduce these risks and ensure the smooth operation of your pharmaceutical business.