9911796707
TMI BlogGST Exemption - Notification Nos.47/17X X X X Extracts X X X X X X X X Extracts X X X X ..... GST Exemption - Notification Nos.47/17 X X X X Extracts X X X X X X X X Extracts X X X X ..... tion Nos.47/17 is applicable for the purchase of laboratory equipment by private institute affiliated to Government approved university. The purchase is made from the government funded laboratory deve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lopment grant such as MODROB by All India Council for Technical Education [AICTE] Kindly clarify whether the purchase under such grants is entitled for concessional GST Reply By KASTURI SETHI: The R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply: Notification No.47/17-I.T.(Rate) dated 14.11.17 has been amended vide Notification No.10/18-I.T.(Rate) dated 25.1.18 and it has to be read with Notification No.51/96-Customs dated 23.7.96 as am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ended.Goods supplied to and for the research institution/centre mentioned in the notification are entitled to concessional rate of Integrated Tax which is 5%. It is subject to so many strings attached ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to .In all these notification basic emphasis is laid on research i.e. concessional rate is for the purpose of research. Reply By Ganeshan Kalyani: The Reply: There is no restriction mentioned in th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Notification. So credit should be eligible . X X X X Extracts X X X X X X X X Extracts X X X X
|
