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

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....the goods specified in column (3) of 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 instru....

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....icate from an officer not below the rank of the Deputy Secretary to the Government of India or the Deputy Secretary to the State Government or the Deputy Secretary in the Union territory 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 ....

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....r. 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 Animals. on (2) The goods falling under (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 t....

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....ing that the said goods are required for research purposes only; (iii) in case of supply of live animals 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 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 Governme....