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

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.... on the recommendations of the Council, hereby exempts the goods specified in column (3) of the Table below, from so much of the State tax leviable thereon under section 9 of the said Act, as in excess of the amount calculated at the rate of 2.5 per cent., when supplied to the institutions specified in the corresponding entry in column (2) of the Table, subject to the conditions specified in the corresponding entry in column (4) of the said Table- S. No. (1) 1. Name of the Institutions (2) Table Description of the goods (3) Conditions (4) (a) Scientific and technical (i) The goods are supplied instruments, apparatus, to or for equipment computers); Public funded research institution other than a hospital or a Universit....

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....l institution, (a) Scientific and technical instruments, equipment computers); consumables apparatus, (including (b) accessories, parts, animals purpose); and live (experimental (c) computer software, Compact Disc-Read Only Memory (CD-ROM), recorded magnetic tapes, microfilms, microfiches; (d) Prototypes, aggregate value prototypes received by an institution does not exceed fifty thousand rupees in a financial year. the of supply of the specified goods; (ii) The institution produces, at the time of supply, a certificate to the supplier from the Head of the Institution, in each case, certifying that the said goods are required for research purposes only; (iii) In the case of supply of live animals for ....

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....puter software, Compact Disc-Read Only Memory(CD-ROM), The live institution each apparatus, produces, at the time of (including supply, a certificate to the supplier from the Head of the Institution, in case, certifying that the (experimental said goods are required for research purposes only; (ii) in the case of supply of animals for experimental purposes, the institution produces, at the time of supply, a certificate to the supplier from the Head of the Institution that the live animals are required for research purposes and enclose a no objection certificate issued by the Committee for the Purpose of Control and Supervision recorded magnetic tapes, microfilms, microfiches; (d) Prototypes, the value aggreg....

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....ol and Supervision of Experiments Animals. on Explanation. - For the purposes of this notification, the expression, - (a) "Public funded research institution" means a research institution in the case of which not less than fifty per-cent. of the recurring expenditure is met by the Central Government or the Government of any State or the administration of any Union territory; (b) "University" means a University established or incorporated by or under a Central, State or Provincial Act and includes - (i) an institution declared under section 3 of the University Grants Commission Act, 1956 (3 of 1956) to be a deemed University for the purposes of this Act; (ii) (iii) (c) (i) an institution declared by Parliament by law to be a....