sir,
we are manufacturer and registered in GST. GST @ 18% on our products.
our customer has provided us a certificate issued by dsir on dt August 2016 valid till 2021 for purchase GST @ 5%.
Is this certificate is valid in GST regime?
Can we sold the material @ 5% by old certificate or required any other certificate.
As per Notification 45/2017 CT (r) , DTD 14/11/2017
Supplied to Public funded research
institution other than a
hospital or a University
or an Indian Institute of
Technology or Indian
Institute of Science,
Bangalore or a National
Institute Technology/
Regional Engineering
College
GST is @ 5%
Descripttion of Goods :
(a) Scientific and technical
instruments, apparatus,
equipment (including
computers);
(b) accessories, parts,
consumables and live animals
(experimental purpose);
(c) computer software,
Compact Disc-Read Only
Memory (CD-ROM),
recorded magnetic tapes,
microfilms, microfiches;
(d)Prototypes, the aggregate
value of prototypes received
by an institution does not
exceed fifty thousand rupees
in financial year
CAclubindia
