As you Decide to Start your First Small Scale Business: Know The Strict Liabilities Imposed On Cosmetics Industry
As the term ‘cosmetics’ are silently pronounced as the ‘mild poisoning compounds’, strict rules and procedural regulations are kept on its importation. People have made it a tricky and false marketing business to earn instant money as people generally fall for these items. TheAurora Mine businesses are such scams that produce low quality cosmetic products.
Policies on cosmetic import and sale
The common responsibilities of importers of the cosmetics and the actions if seen misappropriate includes
- The importers must ensure the elemental quality and the substance liability for cosmetics.
- They should be well-prepared to take the obligation for these transported cosmetics through the detailed analysis and safety measures.
- Further, they must check the perfumes and Deo’s with the provisions of Pressurized Gas Safety Act.
- If under any circumstance, the Customs Tariff Act forbids any misrepresentation in the name of the brand and other banned copies, such articles are readily subjected to elimination or devastation at the customs office itself.
- The cosmetic traders are even obliged to immoral penalties which include charges and even lifelong detention.
With regard to the Pharmaceutical Affairs Act,
- Whatever scene with the cosmetic transportation, the trader should collect the legal license for distributing cosmetics.
- All the cosmetic-related companies should gain a license even though they do not possess their own manufacturing unit.
- The license owned by the primary distributor is liable to renewal in every five years.
- Moreover, the products should pass the GQP standards or the Good Quality Products and the GVP or the Good Vigilance practice. A dedicated marketing supervisor should be kept for checking these standards.
- The cosmetics providers are required to register with the corporation and is needed to present his medical certificates. Along with this, he needs to present the marketing employee contract, the structural plan of his office and its storage area and so on.
In addition to all these, the basic ingredient lists used for the cosmetic making are needed to be presented along to verify whether this item contains any banned combination that results in prolonged diseased state or even death of a human being.
A Comparison of the major traders of this chemical cosmetic products
According to the Euro International market research, the beauty industry profit in the small population area of the Middle East and Africa accounted for about $27.5 billion in the year 2017 whereas the Asian market profit was almost as huge as $121 billion in the same year.
In this beauty race, people never care for their health but feel incomplete without makeup!