"I am a professional and having very rich experience in Company Law matter, Import & Export, Foreign Trade, FEMA, Finance, Income Tax and Management."
The framework clarifies that drugs recalled after export cannot enter the Indian market and must either be re-exported or destroyed after regulatory testing.
Inbound sea freight incurs a 5% GST on RCM, while air freight is exempt. This distinction raises questions on GST treatment in transportation modes.
Learn about the licensing process (Form CT 17) for importing new drugs or investigational new drugs for clinical trials, bioavailability, or bioequivalence studies.
