Introduction
The Pharmexcil is a type of organization that was established by the government of India in 2004 under the rule of the Directorate General of Foreign Trade (DGFT) to promote and showcase the Indian pharmaceuticals goodness across the global market. The pharmaceutical company is an important part and parcel for improving Indian medical services. As this allows manufacturers units to export various articles, such as medical devices, medicines, drugs, and surgical equipment, in the global market.
Pharmexcil registration allows individuals to export their pharmaceutical products outside the Indian territory. The pharmaceutical enterprises, particularly small and medium-level enterprises, ultimately benefit from government incentives such as government incentives and financial assistance. Yet, these advantageous services would merely be received by those RCMC entities that have obtained their Pharmexcil certificate. Therefore, to acquire a Pharmexcil certificate, you need to undergo several procedures to ensure that your operations comply legally for exporting pharmaceutical goods across the global market.
What is Pharmexcil Registration?
Pharmexcil certificate is the type of document proof that is used in operating the pharmaceutical trade legally. This registration is provided to ensure that the entity is able to discover new ranges of markets in the future in order to allow small and medium-level industries to flourish in the global market. This registration can also help the registered member to expand their reach to the global market, networking opportunities, and trade promotion activities.
Objectives of Pharmexcil Registration
Here are the objectives of registering and becoming a member under Pharmexcil registration:
- To encourage exports in the international market
- To provide suitable and sustainable pharmaceutical production practices
- To promote better quality production in both local and global markets.
Initiatives of Pharmexcil Registration
Here are the initiatives taken by the Pharmaceuticals Export Promotion Council, which are as follows:
- Exhibitions and trade fairs: The Pharmaceuticals Export Promotion Council (Pharmexcil) conducts the exhibitions and trade fairs of pharmaceutical commodities in the market. By commencing such an exhibition, the Indian pharmaceutical commodities will showcase to outperform their functionality of materials.
- Market Development Assistance Scheme: Under the Market Development Assistance (MDA) program, Pharmexcil offers financial support to its members so they can take part in international trade events and exhibitions. By giving SMEs industry financial help, the MDA plan seeks to increase the export of pharmaceutical products from India.
- International regulatory affairs: Pharmexcil helps members follow global regulatory standards for pharmaceutical products by offering advice and assistance. To help its members with a range of legal issues, including labeling, packaging, and registration requirements, the council formed a regulatory affairs cell.
- Promotion of Herbal Products: Pharmexcil has taken steps to encourage the export of Indian herbal product lines. In order to encourage the export of herbal goods, the council established a special unit to carry out a number of initiatives, such as setting up trade fairs and exhibitions, obtaining market data, and running educational programs.
Benefits of the Pharmaceutical Export Promotion Council
Here are the benefits of registering under Pharmexcil for boosting the pharmaceutical industry in the economy:
- Quality assurance and standards: By becoming a member of the Pharmaceutical Export Promotion Council, one can assure quality assurance and standards. Being a Pharmexcil member means the goods supplied in the market should comply with the standards and regulations.
- Networking opportunities: With RCMC membership, the business can spread their goodwill by registering under Pharmexcil certificate. The more you sell quality products in the market, the more your worth would be reflected and overall improve network opportunities.
- Brand building and recognition: After getting network opportunities, the pharmaceutical business can grow. This is due to the network of people giving wider opportunities to know your products at a larger scale despite considering errors or lack in the product. This would help to improve the product marketing strategy and also create an outline to know the industry better.
- Development and innovation support: By building brand awareness and recognition, the development and innovation in the pharmaceutical industry can grow with the help of an expanding network in the market.
Products Covered under Pharmexcil Registration
Following are the products covered under Pharmexcil registration:
- Herbal or Ayurveda
- Nutraceuticals
- Unani
- FDF (Finished Dosage Forms)
- Surgical Equipment
- Diagnostics
- Surgical Equipment
- Siddha
- API or Active Pharmaceutical Ingredients
- Homeopathy
Documents required for Pharmexcil Certificate
Here are the documents required for Pharmexcil Certificate, which have been categorized on the basis of the size of the manufacturer and exporter:
Size of the industry |
Documents Required |
Small-scale manufacture |
- PAN Card of the authorized owner of the company or the company itself
- A Small Scale Industries (SSI) Certificate provided by the Director of Industries as a fulfillment towards the Industrial License;
- Copy of the drug license of the company;
- A duly signed document consisting of a brief of the company along with a company brochure
- IEC (Import Export Code) as per the guidelines of the DGFT in the name of the business entity.
|
Large scale manufacture |
- PAN Card of the company or person;
- IEC (Import Export Code) as per the guidelines of the DGFT in the name of the business entity
- A certificate issued by the SIA (Secretariat for Industrial Assistance) as a part of the requirement for an Industrial License;
- A duly signed Document consisting of a brief of the company along with a company brochure;
- A copy of the Drug License of the company.
|
Merchant Exporter |
- IEC (Import Export Code);
- Copy of the Drug License of the company;
- A duly signed Document consisting of a brief of the company along with a company brochure;
- PAN Card of the authorized owner of the company or the company itself
|
Fee Structure of Pharmexcil RCMC Certificate
Here is the fee structure for obtaining an RCMC certificate on the basis of the following categories:
Category |
Membership and cost |
Total fees |
For merchant exporters/service providers |
New IFSC membership fees |
18,000+18%GST = ₹21,240 |
|
New RCMC Certificate |
7,000+18% of GST = ₹8,260 |
For manufacturers cum exporters |
For small-scale manufacturers |
15,000+18% of GST = ₹17,700 |
|
For medium and large scale manufactures |
54,000+18% of GST = ₹63,720 |
|
For new manufacturers and exporters |
6,000+18% of GST = ₹7,080 |
Procedures for obtaining Pharmexcil Certificate
Here are the procedures to obtain the Pharmexcil certificate in India:
- Step 1: Documentation: Gather all the required documents for the Pharmexcil certificate, such as the company registration certificate, PAN card, GST registration number, bank account details, or product samples of engineer goods for registering under the Pharmexcil certificate.
- Step 2: Reach out to our team experts: Get in contact with our Bizfoc team for registering your application under pharmexcil certificate online.
- Step 3: Get in touch with our experts: After getting in touch with our team, our team will communicate all your doubts and queries to solve your subject.
- Step 4: Submit the application: The next step is to ensure that your status of application submission is completed and filled by the experts on behalf of the applicant with all the requisite documents for registering under the rubber board.
- Step 5: Verification & Evaluation: The Pharmaceuticals Export Promotion Council (Pharmaexcil) will review your application and documents to verify the authenticity and eligibility of your company. They may also conduct a visit to your premises to assess your manufacturing facilities and processes. Your product samples will be evaluated to ensure they meet cashew quality standards.
- Step 6: Payment of fees: Once your application is approved, you will be required to pay the necessary registration fees.
- Step 7: Issuance e-RCMC: Upon successful completion of the above steps, Pharmexcil will issue your Pharmexcil certificate. This certificate will enable you to avail of the various benefits and services offered by Pharmexcil.
Time Taken to Obtain Pharmexcil Certificate
Usually, the time taken to issue the certificate on behalf of the applicant may take up to 45 days from the date of application for Pharmexcil certification.
Renewal and validity of Pharmexcil Certificate
The validity of the Pharmexcil (EPC) certificate is 1 year from the date of issuance of this certificate. This is strict compliance to renew Pharmexcil RCMC certificate every 12 months.
Why Choose Bizfoc for Pharmexcil Registration?
Here are the top five reasons why you should choose Bizfoc for registering themselves under registration:
- Hassle free procedures
- Cost-effective solution
- Respond to all your queries and doubts via communication mediums
- Free assistance of experts
- Proven success
We, the team of Bizfoc experts, will help you to overcome the problems via communication mediums regarding Pharmexcil membership online. You can either contact us by way of email or direct phone number to get connected to our experts without any hesitation. So, for registering for your pharmaceutical goods under Pharmexcil membership, get free assistance today to proceed with your application successfully by undergoing hassle-free procedures.
Conclusion
Registering for pharmaceutical export can be done specifically through obtaining a Pharmexcil certificate in India. By obtaining this certificate, the RCMC members can export their pharmaceuticals legally without facing any non-compliance objection towards exporting the goods. To obtain this certificate, an applicant needs to undergo specific procedures, such as payment of the application form along with the submission, documentation, providing details of the authorized person and the company, etc. Get in touch with our team experts, and you can get your registration confidently.
Frequently Asked Questions
The Pharmexcil RCMC certificate is the document provided to allow the pharmaceutical company to make a better ecosystem of exports beyond the national country. This is done to ensure that the registration gives a wider opportunity to know the market segment, trade promotion activities, and have a better global reach.
Pharmexcil certification is important for reasons such as better market research, financial research and incentives, regulatory support, and compliance, networking, and business development.
- Documentation
- Submit the application.
- Pay the application fees along with the application.
- Verification and approval
- Issuance of certificate
The validity of the Pharmexcil certificate is for 12 months only from the date of issuance.