R&D Cess payable on import of technology

[Asked by Guest]

Dear Experts,

R&D cess is still payable on import of services?

Please suggest.

[Kishan Barai]

R&D Cess Abolished – In line with Govt. commitment to roll-out GST soon!

[Kishan Barai]

5% R&D Cess Abolished – In line with Govt. commitment to roll-out GST soon!

[MAHESH MAIYA]

Sir,. Where can I get the R&D cess abolishan circular. Mahesh Maiya

AI Summary

R&D cess abolished, not payable on imported technology or services following GST rollout commitment; consult circular for compliance practice.
Query whether R&D cess is payable on import of technology/services; respondents report that the R&D cess has been abolished in connection with the government's GST rollout, so the cess no longer applies to such imports and practitioners should consult the formal circular or notification effecting the abolition.