Billing Procedure against Loan License

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This discussion clarifies the billing procedure for pharmaceutical manufacturers working under a loan license agreement. If the manufacturer provides their own materials, standard product billing applies. However, if the loan licensee supplies the materials, the manufacturer should only charge service fees for their manufacturing work.

Ikramuddin Saifi

Ikramuddin Saifi (Querist)
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27 February 2021 Dear Sir, We are the Manufacturer of Pharma products & we are working for a loan licensee on his behalf Now, I want to know the billing procedure to loan licensee. Means how to billed to loan licensee??? against manufacturing his products.
Thanks- Ikramuddin Saifi

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 September 2021 If you are providing material of your own, then normal billing of the product should be done.
But if material is provided by the party, in that case only service charges can be levied.

Ikramuddin Saifi

Ikramuddin Saifi (Querist)
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25 September 2021 Thank you so much sir for your valuable reply

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 September 2021 My Pleasure....

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