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of <h1>Karnataka Offers 2.5% GST on Scientific Equipment for Public Research Institutions; Conditions Apply.</h1> The Government of Karnataka, under the Karnataka Goods and Services Tax Act, 2017, has issued a notification to provide a concessional GST rate of 2.5% on scientific and technical equipment supplied to certain public funded research institutions. This concession applies to equipment such as scientific instruments, computers, and software, provided specific conditions are met. Eligible institutions include public funded research institutions, research institutions, government departments, and regional cancer centers, excluding hospitals. These institutions must supply certificates verifying the necessity of the goods for research purposes and adhere to restrictions on the transfer or sale of the goods for five years. The notification is effective from November 15, 2017.
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