As part of the annual exercise to revise and fix the norms of conversion cost (CC), Packing Charges (PC), Process Loss (PL) and Packing Material (PM) for the year 2011 as per the provisions of DPCO, 1995, the National Pharmaceutical Pricing Authority (NPPA) has launched the process to gather inputs from the industry.
Apart from the usual exercise of taking inputs through submissions, the NPPA this year is meeting representatives of the industry associations. A meeting has been convened on May 14 at the NPPA office in Delhi to discuss about the questionnaire and finalize the modalities of the study, according to an official release.
The NPPA has sent letters to the Organisation of Pharmaceuticals Producers of India (OPPI), Indian Drug Manufacturers Association (IDMA), Confederation of Pharmaceutical Industry (SSI), Indian Pharmaceutical Alliance, Bulk Drug Manufacturers Association (India), and Pharmaceutical & Allied Manufacturers & Distributors Association Limited (PAMDAL).
Norms for CC, PC, PL & PM are to be based on the actual cost data and information received from various manufacturers and formulators, according to a note sent by the NPPA to the industry bodies, along with the detailed questionnaire.
“The draft copy of the questionnaire in which the manufacturers would be required to furnish information / cost data is available on NPPA website (www.nppaindia.nic.in) and may be downloaded for perusal and further suggestion, if any,” the official notice said.
“Information sought in the questionnaire may be furnished based on the Audited Annual Accounts. Copies of Audited Annual Accounts & Annual Reports of the Company for the years 2010-2011 and 2011-2012 and relevant extract of the Cost Audit Report in support of production and cost details furnished in the questionnaire should be furnished. The questionnaire, duly filled, may also be submitted in a CD, in MS-Excel, along with the hard copy for speedy processing of the data,” the notice said.