Exemption of Tax Over And Above 2.5% For Public Funded Research Institutes. - G.O.Ms.No.097 - Andhra Pradesh SGST

REVENUE DEPARTMENT (Commercial Taxes-II) [G.O.Ms.No.97, Revenue (Commercial Taxes-II), 19th February, 2018.] NOTIFICATION In exercise of the powers conferred by sub-section (1) of Section 11 of the Andhra Pradesh Goods and Services Tax Act, 2017 (Act No.16 of 2017) (hereafter in this notification referred to as the said Act ) read with sub-section (3) of Section 11 of the said Act, the Government, on being satisfied that it is necessary in the public interest so to do , on the recommendations of the Goods and Services Tax Council, makes the following amendments to the Notification issued vide G.O.Ms.No.599, Revenue (Commercial Taxes-II), 12th December, 2017. AMENDMENTS In the said notification, - (1) in the Table, - in Column Nos. (1) (2) (3) and (4) (a) against serial number 1, - (i) in column (2), for the existing entry, the following entry shall be substituted, namely: - Public funded research institution or a University or an Indian Institute of Technology or Indian Institute of Science, Bangalore or a Regional Engineering College, other than a hospital ; (ii) in column (4), in item (1), in sub item (b) for the words Department of Scientific and Research , the words Department of Scientific and Industrial Research , shall be substituted; (b) in column (4), against serial numbers (2) and (4), for the words Department of Scientific and Research , the words Department of Scientific and Industrial Research , shall be substituted. (2) after the Table, the existing Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be added, namely: - Explanation 2 . - For the the purposes of this notification, exemption would be in line with the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 51/96- Customs, dated the 23 rd July, 1996, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 303(E), dated the 23rd July, 1996 and is applicable with effect from the 15th November, 2017 . Dr. D. SAMBASIVA RAO, Special Chief Secretary to Government.