DSIR Certification
Certifications Consulting:
Recognition/Approval application filling in DSIR:
We help organizations of different areas like chemical, pharmaceutical, agrochemical, dyes, textile, electronic, mechanical etc. to comply with the standards and attain Department of Science & Industrial Research (DSIR) certifications and Approvals for In-House R&D centre. Under which there are weighted IT rebates up to 200% over R&D expenses along with many other benefits in getting this certification for their R&D facility by DSIR.1
DSIR Benefits
- Weighted Deduction of 200% in Income Tax for 3 years on R&D expenses
- Duty free import of specified goods
- Duty free import of Pharmaceutical reference standards
- Accelerated depreciation allowance for investment on plant and machinery
- Support in the form of loans/grants for industrial R&D
- Financial support to meet the developmental expenditure for R&D projects
- Other benefits-Excise duty waiver for 3 years, Custom & excise duty exemption, state subsidy etc
- Rebates on expenditure on scientific research viz. clinical drug trials, obtaining approvals from any regulatory authority and patent filing