IDMA seeks exemptions for R&D, samples

Tags: News
Indian Drug Manufacturers' Association (IDMA) here today asked the government that 'control samples' and samples given to physicians be exempted from duties and taxes in the Budget.

The drug makers' body in a memorandum sent to the Finance Ministry also requested that all excisable goods used for Research and Development purposes should be exempted from Central Excise Duty, besides allowing exemption for capital goods, raw materials, consumables, and reference standards for R&D purposes.

"Pharma manufacturers are required to keep few boxes of each batch of medicine manufactured till its expiry as 'control samples', as per the provisions of the Drug and Cosmetic Act and Rules. These cannot be sold and hence, should be fully exempted from Central Excise Duty.

Similarly, medicine samples are provided to doctors as 'physician's samples', which should also be kept out of purview of all duties and taxes," IDMA said in the memorandum.

IDMA expects that the weighted deduction of 200 per cent of R&D expenses in an in-house facility will be extended for further period of five years, it said.

The industry body said in the last few Budget presentations, the pharma industry has been 'overlooked'.

"This year we expect the dynamic and forward thinking new government to create a transparent atmosphere of confidence and trust and provide suitable incentives and concessions to keep our growth momentum going." it said.


  • Centre and states must cooperate to get the economy moving

    Mirroring the previous three quarters, another round of tepid corporate earnings announcements are expected in a few days from now.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Arun Nigavekar

Ranking of higher education institutions

Given the massive popularity and growing influence of world university ...

Rajgopal Nidamboor

The pursuit of serene stillness

It may sound strange — that every change in the ...

Dharmendra Khandal

How positive intervention can go a long way

Ten years ago, Sariska tiger reserve declared that there were ...


William D. Green

Chairman & CEO, Accenture