Import duty and IGST exemption as per Customs Notification number 51/96 dated 23.07.1996.
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51/96-Customs, dated 23.07.1996 is valid when introduction of GST in India on July 01, 2017 for exemption of IGST on imports.
Customs Notification number 51/96 dated 23.07.1996 explains about import duty exemption to research equipments imported by:
(a) Public funded research institutions or a university or an Indian Institute of Technology or Indian Institute of Science, Bangalore or Regional Engineering College, other than a hospital,
(b) Research institutions, other than a hospital,
(c) Departments and laboratories of the Central Government and State Government, other than a hospital,
(d) Regional Cancer Center (Cancer Institute), subject to, inter alia, registration with the DSIR.
As per GST council meet of 03.06.2017, IGST exemption on imports under Customs Notification number 51/96 dated 23.07.1996 is permitted under GST regime in India.
Click here to read complete extract of customs notification No: 51/96 dated 23.07.1996
Customs Notification number 51/96 dated 23.07.1996
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