DSIR Recognition puzzle

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What is DSIR Recognition?

DSIR recognition is a certification given to a company's R&D Unit.

It is provided by Department of Scientific & Industrial Research (DSIR)

DSIR Recognition is an
acknowledgement from Govt. of India, that your company has an organised R&D unit

What are the benefits of DSIR Recognition?

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Zero custom duty on imports for R&D.

Max of 5% iGST on
purchases for R&D.

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Claim 100% capital
expense
in the 1st year.

No need to wait for
yearly depreciation.

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Avail benefits of many Govt. funds & grants schemes.

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Seeds & life sciences

companies become

eligible to import

germ-plasm and other Research chemicals

How to get DSIR Recognition?

01

Submit the R&D Centre application to DSIR (both soft copy & hard copy)

02

Discussion of your R&D application with the DSIR team

03

A DSIR team may visit your R&D Center (conditional)

04

DSIR despatches your Recognition letter