Reserve Goods at Crossroads: How to bridge the gap between compliances under Drugs law and GST?
It is commonplace for specific laws to govern specific aspects of a particular category of goods. Typically, there are multiple laws to govern different aspects of same category of goods. In India, an example of this in respect of drugs is that while the Drugs and Cosmetics (“DC”) Act, 1940 and Food Safety and Standards Act, 2006 regulates the food and drugs manufacturing in India by prescribing s…