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.
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GST 5% certificate issued by DSIR
Replies (2)
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
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
The supplier supplies goods to an organisation which has a DSIR certificate @ 5%. The rate of the good is 18%. The output rate is less than the input rate. Can he claim refund under Inverted duty credit ?
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