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of <h1>Concessional 2.5% GST Rate on Scientific Equipment for Research Institutions Rescinded Effective July 18, 2022.</h1> The Indian government issued a notification on November 14, 2017, granting a concessional GST rate of 2.5% on scientific and technical equipment supplied to certain public-funded research institutions, universities, and regional cancer centers. This exemption applied to goods such as scientific instruments, computers, and software, provided they were used for research purposes and accompanied by necessary certification from relevant authorities. The notification specified conditions under which these goods could be supplied and prohibited their transfer or sale for five years post-installation. This concessional rate was rescinded effective July 18, 2022, by a subsequent notification.
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