GST on distribution rights of pharmaceutical company sold to other for consideration

In my Opinion you Can apply for advance ruling under section 97(2)(e) of the CGST Act 2017 also  take more opinion on this.

Yes, the sale of distribution rights of a pharmaceutical company to another party for consideration is subject to GST. This transaction is considered a supply of services under the GST law, and therefore, GST is applicable on the consideration received for the transfer of these rights12.

If you have any more questions or need further clarification, feel free to ask! 😊

At what rate GST applicable on this type of supply,as per the rate notification 1/2017?. what is the  HSN /SAC code ?. please elaborate in detail .

Any reference of Section?

In my opinion the distribution rights will be intellectual property rights and will be taxable under SAC Code 9973 @ 18%.