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A company notifies TPD that sale of product B was discontinued on December 31, 2010. Is the company liable for paying an annual fee for this product for the year beginning October 1, 2010?

April 26, 2017COMPANY december 31 discontinued notifies october 1 Product sale TPD

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A company notifies TPD that sale of product B was discontinued on December 31, 2010. Is the company liable for paying an annual fee for this product for the year beginning October 1, 2010?

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A – Yes, where a product is discontinued after October 1st, the full applicable fee is charged.