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    <title>Other exempt services (Services provided by an incubator recognized by BIRAC - biotechnology / medicine) [Entry no. 48]</title>
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    <description>Services provided by Technology Business Incubators, Science and Technology Entrepreneurship Parks, and bio incubators recognized by BIRAC or by the National Science and Technology Entrepreneurship Development Board are exempt from GST under Entry 48, provided the services relate to promoting biotechnology, medicine, and related entrepreneurship activities; formal recognition by the specified bodies is the operative criterion for the exemption.</description>
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      <description>Services provided by Technology Business Incubators, Science and Technology Entrepreneurship Parks, and bio incubators recognized by BIRAC or by the National Science and Technology Entrepreneurship Development Board are exempt from GST under Entry 48, provided the services relate to promoting biotechnology, medicine, and related entrepreneurship activities; formal recognition by the specified bodies is the operative criterion for the exemption.</description>
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