Concessional tax rate for research goods reduces state GST liability for qualifying public funded research institutions subject to certification. The notification exempts specified research goods from state GST in excess of a concessional rate of 2.5 percent when supplied to qualifying public funded research institutions, registered research institutions, government departments and regional cancer centres, subject to production of prescribed certificates to the supplier evidencing institutional status and research use; special documentary conditions apply for live animals and a five-year non-transfer restriction applies to certain institutions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Concessional tax rate for research goods reduces state GST liability for qualifying public funded research institutions subject to certification.
The notification exempts specified research goods from state GST in excess of a concessional rate of 2.5 percent when supplied to qualifying public funded research institutions, registered research institutions, government departments and regional cancer centres, subject to production of prescribed certificates to the supplier evidencing institutional status and research use; special documentary conditions apply for live animals and a five-year non-transfer restriction applies to certain institutions.
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