Seeks to provide concessional GST Rate of 2.5% on Scientific equipments.

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....the Table below, from 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 percent., 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- Table S. No. Name of the Institutions Description of the goods (1) 1. (2) (3) Conditions (4) Public funded research (a) Scientific and technical (i) The goods are supplied institutionother than a apparatus, to or for - (including (a) a public funded research institution under hospital or a University instruments, equipment or an Indian Institute of computers); Technology or Indi....

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....in concerned departmentto the supplier at the time 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 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 of Experiments on Animals. (1) The institution is registered with the Government of....

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....er (1) above shall not be transferred or sold by the institution for a period of five years from the date of installation. (i) The institution produces, at the time of supply, a certificate to the supplier from the Head of (b) accessories, parts, the Institution, in each consumables and live case, certifying that the animals (experimental said goods are required for purpose); research purposes only; (ii) in the case of supply of live 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....

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....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) an institution declared by Parliament by law to be an institution of national importance; (iii) a college maintained by, or affiliated to, a University; 4 (c) "Head" means - (i) in relation to an instit....