Exemption of Goods for Research Institutions under CGST Act

The Central Government, under the CGST Act, exempts certain goods from excess central tax when supplied to specific institutions. Goods like scientific instruments, computer equipment, and live animals for research purposes are eligible for exemption.

Public funded research institutions, research institutions, and government departments qualify for this exemption under specified conditions. The exemption requires certification of the intended research use by the institution's head.

The exemption period prohibits the transfer or sale of goods for five years from installation. This notification aims to facilitate research activities by easing tax burdens on essential equipment.

Effective from November 15, 2017, this initiative encourages scientific progress and innovation in India.