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Pharmexcil Registration

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PHARMEXCIL Registration in India - Process, Benefits, Documents, Fees

 

The Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) is a government-supported organization that promotes and facilitates exporting of pharmaceutical products from India. It was established in 2004 under a preview of foreign trade policy to help Indian pharmaceutical companies expand their reach globally and access new markets.

 

PHARMEXCIL offers services and support to its member companies, including market research, product registration assistance, regulatory support, and fair trade participation.

 

PHARMEXCIL registration is required for companies that wish to export pharmaceutical products. The certification enables the company to participate in various government-supported export promotion schemes & initiatives.

 

It allows exporters to take advantage of the various benefits & support offered by PHARMEXCIL, and helps them to navigate the complexities of exporting pharmaceutical products to other countries.

 

We, the team at Monitrix, provide you with better service support so you can run your business without any legal constraints at a relatively low cost and with hassle-free procedures.

 

With free expert consultation from our team, professionals render a remarkable contribution in establishing pharmaceutical businesses to hold more safety norms and standards.

 

PHARMEXCIL Registration - Why do Exporters of Pharmaceutical Products need it?

 

As per the foreign trade policy guidelines, any exporter who deals in drugs & medicines will have to register with the PHARMEXCIL export promotion council of India to export pharmaceutical products.

Products & services under PHARMEXCIL

Here is a list of products that are included for export in PHARMEXCIL export promotion council certification

  1. Active Pharmaceutical Ingredients (API)
  2. Herbal/ Ayurveda
  3. Finished Dosage Forms (FDF)
  4. Diagnostics
  5. Homeopathy
  6. Surgical Equipment
  7. Nutraceuticals
  8. Biologics
  9. Unani
  10. Siddha

 

 

 

Benefits of PHARMEXCIL Registration

 

There are several benefits of registering with PHARMEXCIL (Pharmaceuticals Export Promotion Council of India) for Indian pharmaceutical companies:

Access to market intelligence & information: PHARMEXCIL provides Indian companies with valuable information on export opportunities, market trends, and regulatory requirements, which can help them to identify and target new markets.

Facilitation of exports: PHARMEXCIL assists Indian companies with the export process, including obtaining regulatory approvals and resolving trade-related issues.

Promotion of Indian products and services: PHARMEXCIL organizes trade fairs, exhibitions, and delegations to promote Indian pharmaceutical products and services abroad, which can help to raise the profile of Indian companies in the global market.

Networking and collaboration opportunities: PHARMEXCIL facilitates technology transfer and collaboration with foreign companies, which can help Indian companies to access new technologies and expertise.

Capacity building: PHARMEXCIL provides training and capacity-building opportunities to Indian companies to help them improve their products and services and become more competitive in the global market.

 

 

 

Steps for PHARMEXCIL Registration- with Monitrix

 

You can get your PHARMEXCIL registration done with a professional in just four simple steps:-

  1. Provide necessary documents
  2. Filing of application & submission of fees
  3. Submission of the Form to the concerned department
  4. Issuance of registration certificate in due process of time

Note: Usually it takes up to 45 days for approval from the concerned authorities.

 

 

 

 

 

 

 

 

 

Documents required for PHARMEXCIL Registration

 

  1. Import Export Code (IEC) Issued by DGFT
  2. PAN Card of the person or the company
  3. A certificate issued by the Secretariat for Industrial Assistance as a part of the requirement for an Industrial Licence
  4. A copy of the Drug Licence of the company
  5. A duly signed document containing a brief of the company along with a company brochure

 

 

 

 

 

 

 

 

Fee for PHARMEXCIL Registration of RCMC

 

For merchant exporter and service providers

  1. The new RCMC Membership Fee Rs 12000 plus one time admission fee Rs 6000 plus GST for Merchant Exporter and Service providers. The total fee including Gst would be rupees 21,240/-
  2. For the new RCMC Certificate- Discounted Fee for Startup / NIL Export SMEs for Merchant Exporter is Rs. 6000 plus Membership fee of Rs. 1000 plus GST and the total fee would be INR 8,260/-

For Manufacturers/cum merchant exporters

Particulars Membership cost + GST Total fee
For Small scale manufacturer Rs.15,000 + 18% GST Rs.17,700
For Medium & Large scale Rs.54,000 + 18% GST Rs.63,720
For new Manufacturer exporters Rs.6,000 + 18% GST Rs.7,080

 

 

 

 

 

Conclusion

 

A PHARMAEXCIL certificate plays an essential role in establishing your pharmaceutical company, from the local Indian market to the global stage. To obtain a PHARMEXCIL Certificate, an applicant needs to undergo various procedures under which pharmaceutical products and equipment can easily be exported to other countries. We, the team of professionals, will help you reach out with your queries and all related doubts regarding the PHARMAEXCIL certificate.