The most common question we get asked is, “Are there any benefits of getting recognized by the DSIR? Well, the answer is a big, bold YES!! ;)
So what exactly are these benefits, then? Okay, let’s not beat around the bush much and get to the point. After all that’s why you are here, right?
So we wont make this sound all serious and stuff because it's really simple.
1) Claim 100% of capital expenses in one year. No need to claim the depreciations.
2) You wont have to pay any Custom & Excise duty on the purchases made for R&D. (More money saved)
3) Your customers wont have to pay any Custom and Excise duty on your patented products, for three years. Yes, three whole years! Which translates to increased customer acquisition!! Which further translates to.. you know what…($$$)
In case you are still not convinced about the serious benefits the recognition has, we don’t know what will convince you.
Seriously, man!!
Join the big leagues!
This is after all the next big thing!!