TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Excise Duty Exemption for Research Goods to Institutions Rescinded After 20 Years; Conditions Applied for Compliance.</h1> The notification, dated March 1, 1997, exempts certain goods from excise duty when supplied to specified research institutions, universities, and government departments, excluding hospitals. The exempted goods include scientific instruments, equipment, accessories, software, and prototypes. Conditions for exemption require the institution to be publicly funded or registered with the Department of Scientific and Industrial Research, with certification that the goods are for research purposes. The value of prototypes must not exceed fifty thousand rupees annually, and goods cannot be sold or transferred for five years post-installation. This notification was rescinded on July 1, 2017.
TaxTMI 