GST Amendment: Exemption for Research Institutions
Central Govt. amends GST Act, focusing on public interest.
Notification No. 45/2017 revised, effective from Nov 14, 2017.
Changes aimed at research institutions' exemption.
Public funded research institutions, universities, IITs, and others eligible.
Department of Scientific and Industrial Research mentioned instead of "Department of Scientific and Research."
Aligns with customs notification from July 23, 1996.
New explanation added for clarity.
Amendment signed by Ruchi Bisht, Under Secretary to Govt. of India.