{"id":7826,"date":"2022-07-15T15:25:38","date_gmt":"2022-07-15T14:25:38","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=7826"},"modified":"2022-07-15T15:33:14","modified_gmt":"2022-07-15T14:33:14","slug":"igst-exemption-to-research-equipments-imported-by-public-funded-research-institutions-or-a-university-of-an-indian-institute-of-technology-or-indian-institute-of-science-bangalore-or-regional-enginee","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/igst-exemption-to-research-equipments-imported-by-public-funded-research-institutions-or-a-university-of-an-indian-institute-of-technology-or-indian-institute-of-science-bangalore-or-regional-enginee\/","title":{"rendered":"IGST exemption to research equipments imported by public funded research institutions or a university of an Indian Institute of Technology or Indian Institute of Science, Bangalore or Regional Engineering College, non commercial institutions etc. withdrawn"},"content":{"rendered":"<p align=\"justify\">The  CBIC has amended <em><strong>Notification&nbsp;No.  51\/96-Customs dated July 23, 1996<\/strong><\/em><strong>&nbsp;(&#8220;Exemption  Notification&#8221;)&nbsp;<\/strong>which provided exemption from the  Integrated Goods and Services Tax&nbsp;<strong>(&#8220;IGST&#8221;)&nbsp;<\/strong>leviable  on certain goods specified therein, when imported into India by public funded research institutions or a  university of an Indian Institute of Technology or Indian Institute of Science,  Bangalore or Regional Engineering College, non commercial institutions etc. vide&nbsp;<em><strong><a href=\"https:\/\/klickongstworld.com\/uploads\/Excise\/42-2022-custom.pdf\">Notification  No. 42\/2022-Customs dated July 13, 2022<\/a><\/strong><\/em>&nbsp;so as to withdraw the exemption of the Integrated Goods  and Services Tax&nbsp;<strong>(&#8220;IGST&#8221;)&nbsp;<\/strong>leviable  on certain goods specified therein, when imported into India, by omitting the words, brackets and figures&nbsp;&#8220;and from the whole of integrated tax leviable thereon under sub-section (7) of section 3 of the said Customs Tariff Act&#8221;,<em>&nbsp;<\/em>from the Exemption Notification.<\/p>\n<p align=\"justify\">This  notification shall come into force on the 18th day of July, 2022.<\/p>\n<p align=\"center\"><strong><a href=\"https:\/\/klickongstworld.com\/uploads\/Excise\/42-2022-custom.pdf\">Klick  here for the copy of the Notification<\/a><\/strong><a href=\"https:\/\/klickongstworld.com\/uploads\/Excise\/42-2022-custom.pdf\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022\/06\/cbic-logo-new-1.jpg<\/p>\n","protected":false},"author":1,"featured_media":7535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/7826"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=7826"}],"version-history":[{"count":4,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/7826\/revisions"}],"predecessor-version":[{"id":7831,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/7826\/revisions\/7831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/7535"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=7826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=7826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=7826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}