Now arbitrary prices of Pulse Oximeter, Blood Pressure Machine, Infrared Thermometer, Glucometer and Nebulizer will not be charged. The government has ordered to fix their new prices.
New Delhi: Government of India’s National Pharmaceutical Pricing Authority (NPPA) has capped the prices of Pulse Oximeter, Blood Pressure Machine, Infrared Thermometer, Glucometer and Nebulizer. have put.
Order to revise MRP by 20th July
Following the new guidelines, these five medical devices cannot be sold at a profit of more than 70% of the distributor’s price. According to the National Pharmaceutical Pricing Authority (NPPA), till now these five medical devices were being sold with 709% profit. The National Pharmaceutical Pricing Authority (NPPA) has ordered the sellers of these five medical devices to revise the MRP according to the new rule by July 20.
this is the new formula
MRP= Price to Distributer + 70% of Price to Distributer + GST
For example, if an oximeter distributor costs Rs 500, then according to the new rule, its maximum price (MRP) will be Rs 875.
[MRP- 500+ (70×500)/100 + (5×500)/100]= Rs.875.
If MRP is not improved then this action will be taken
The cap imposed by the National Pharmaceutical Pricing Authority (NPPA) on the prices of these five medical devices will be applicable till January 31, 2022. Sellers who do not revise MRP by 20th July will have to pay 100% penalty of over charge amount along with 15% interest.
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