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of <h1>India's Concessional 5% GST on Research Equipment Ended in 2022; Applied to Public-Funded Institutions from 2017.</h1> The Government of India issued a notification on November 14, 2017, granting a concessional GST rate of 5% on scientific and technical equipment supplied to certain public-funded research institutions, universities, and government departments, excluding hospitals. This exemption applies to goods such as scientific instruments, computer software, and live animals for research purposes, provided specific conditions and certifications are met. The notification was effective from November 15, 2017, and was rescinded on July 18, 2022. Institutions benefiting from this rate must ensure the goods are used solely for research and are not sold or transferred within five years.
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