| Issue Number : 268

Maximum Retail Price to be Listed on All Medicine Labels

The Minister for Health anticipating the increasing confusion confronting the general public in the purchase of basic drugs and medicines with respect to cost has issued Decision No. 069/Menkes/SK/II/2006 on the Maximum Retail Price of medicines and this is to be listed on the label.

The maximum retail price (HET) is a simple formula that is based on the Net Chemist Price + 10% Value Added Tax (VAT or PPN) + a further margin of 25% for chemists. Factories have 6 months to come into compliance with this Decision and chemists and larger pharmaceutical traders may continue to sell old stock not in compliance with the provisions of this Decision for a period of 6 months as well.

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The Minister for Health anticipating the increasing confusion confronting the general public in the purchase of basic drugs and medicines with respect to cost has issued Decision No. 069/Menkes/SK/II/2006 on the Maximum Retail Price of medicines and this is to be listed on the label.

The maximum retail price (HET) is a simple formula that is based on the Net Chemist Price + 10% Value Added Tax (VAT or PPN) + a further margin of 25% for chemists. Factories have 6 months to come into compliance with this Decision and chemists and larger pharmaceutical traders may continue to sell old stock not in compliance with the provisions of this Decision for a period of 6 months as well.

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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