Seeks to prescribe 2.5% concessional CGST rates on certain goods supplies to specific public funded research institute and subject to specific condition.

Seeks to prescribe 2.5% concessional CGST rates on certain goods supplies to specific public funded research institute and subject to specific condition. https://www.taxtmi.com/notifications?id=124009 The Government grants an exemption so that state tax in excess of the amount calculated at a 2.5% concessional rate is not leviable on specified research-related goods (instruments, accessories, consumables, live animals, software, recorded media, prototypes subject to a value cap) when supplied to listed research institutions, subject to production at the time of supply of prescribed certificates of institutional status and head's certification for research use, additional committee no-objection for live animals, and a prohibition on transfer or sale for five years from installation. en-us Tue, 14 Nov 2017 00:00:00 +0530 Wed, 31 Jan 2018 12:17:00 +0530 TaxTMI RSS Generator Seeks to prescribe 2.5% concessional CGST rates on certain goods supplies to specific public funded research institute and subject to specific condition. https://www.taxtmi.com/notifications?id=124009 The Government grants an exemption so that state tax in excess of the amount calculated at a 2.5% concessional rate is not leviable on specified research-related goods (instruments, accessories, consumables, live animals, software, recorded media, prototypes subject to a value cap) when supplied to listed research institutions, subject to production at the time of supply of prescribed certificates of institutional status and head's certification for research use, additional committee no-objection for live animals, and a prohibition on transfer or sale for five years from installation. Notifications GST - States Tue, 14 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=124009