The Applicant can avail of concessional rate of GST on scientific and technical instruments/equipment supplied to public funded research institutions, research institutions, universities, Indian Institute of Technology, departments and laboratories of the Central and State Government where all the conditions mentioned in the relevant Notifications are found to be satisfied and the necessary and proper certificates, complete in all respects as mandated by the relevant Notifications have been produced.
Authority for Advance Ruling – Rate of GST on the scientific and technical instruments/ equipment supplied to public funded research institutions – The applicant has a customs bonded warehouse license under Section 58 of the Customs Act, 1962 for deposit of imported goods without payment of customs duty and IGST. The applicant sought an Advance Ruling as to whether he is correct in charging GST @ 5%, by applying Notification No.45/2017-Central Tax (Rate) dated 14.11.2017 on the scientific and technical instruments/ equipment supplied to public funded research institutions, research institutions, universities, Indian Institute of Technology, departments and laboratories of the Central and State Government, basis the certificates appended herewith.
Held that:- The Hon’ble Authority for Advance Ruling held that applicant would be correct in charging 5% GST only in cases of National Centre for Polar and Ocean Research, University of Delhi, Council of Scientific and Industrial Research CSIR-North East and Institute of Science & Technology where all the conditions mentioned in the impugned Notifications are found to be satisfied and the necessary and proper certificates, complete in all respects as mandated by the relevant Notifications have been produced.
The Applicant can avail of concessional rate of GST on scientific and technical instruments/equipment supplied to public funded research institutions, research institutions, universities, Indian Institute of Technology, departments and laboratories of the Central and State Government where all the conditions mentioned in the relevant Notifications are found to be satisfied and the necessary and proper certificates, complete in all respects as mandated by the relevant Notifications have been produced.
Authority for Advance Ruling – Rate of GST on the scientific and technical instruments/ equipment supplied to public funded research institutions – The applicant has a customs bonded warehouse license under Section 58 of the Customs Act, 1962 for deposit of imported goods without payment of customs duty and IGST. The applicant sought an Advance Ruling as to whether he is correct in charging GST @ 5%, by applying Notification No.45/2017-Central Tax (Rate) dated 14.11.2017 on the scientific and technical instruments/ equipment supplied to public funded research institutions, research institutions, universities, Indian Institute of Technology, departments and laboratories of the Central and State Government, basis the certificates appended herewith.
Held that:- The Hon’ble Authority for Advance Ruling held that applicant would be correct in charging 5% GST only in cases of National Centre for Polar and Ocean Research, University of Delhi, Council of Scientific and Industrial Research CSIR-North East and Institute of Science & Technology where all the conditions mentioned in the impugned Notifications are found to be satisfied and the necessary and proper certificates, complete in all respects as mandated by the relevant Notifications have been produced.