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of <h1>Tripura Offers 2.5% GST Rate on Research Supplies to Public-Funded Institutions Under 2017 Act.</h1> The Government of Tripura issued a notification under the Tripura State Goods and Services Tax Act, 2017, prescribing a concessional 2.5% state tax rate on certain goods supplied to specified public-funded research institutions. This exemption applies to scientific and technical instruments, equipment, software, and live animals for research purposes. Eligible institutions must provide certification from relevant authorities confirming the goods are for research. Conditions include restrictions on the sale or transfer of goods within five years. The notification is effective from November 15, 2017, and aims to support research by reducing tax burdens on essential supplies.
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