Other exempt services (Services provided by an incubator recognized by BIRAC - biotechnology / medicine) [Entry no. 48] - GST Ready Reckoner - GST

Services provided by an incubator recognized by BIRAC - biotechnology Exemption Entry 48 Taxable services Provided or to be provided by Technology Business Incubator (TBI) or a Science and Technology Entrepreneurship Park (STEP) bio-incubators recognised by BIRAC or recognized by National Science and Technology Entrepreneurship Development Board (NSTEDB) under the department of Biotechnology , Government Of India Example Hitesh has provided service in relation to a Science and Technology Entrepreneurship Park by National Science and Technology Entrepreneurship Development Board; such service are exempt