AAR: Allows 5% concessional rate to trucks/ spare parts supplied to Public Funded Research Institution

Karnataka AAR allows concessional GST rate of 5% on trucks/ spare parts supplied by Applicant to Public Finance Research Institution; Peruses conditions prescribed for concessional GST rate vide Notification No. 45/2017-Central Tax (Rate) dated November 14, 2017; Takes note of the certificate issued by the competent officer specifying that recipient of goods i.e. Satish Dhawan Space Centre SHAR (SDSC SHAR) is a public-funded research institution, holds that goods supplie...