SMS Lifesciences receives DSIR recognition for its in-house R&D unit

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Capital Market
Last Updated : Feb 08 2021 | 4:52 PM IST
SMS Lifesciences India announced that the Department of Scientific and Industrial Research (DSIR) of Government of India, Ministry of Science and Technology, New Delhi has accorded prestigious recognition to in-house Research and Development (R&D) Unit(s) of the Company located at Plot no. C-23. Industrial Estate, Sanathnagar, Hyderabad, Telangana.

The aforesaid recognition will entitle R&D Unit of the Company to avail Customs / Central Excise duty exemption on the purchase / import of equipment. instruments, spares thereof, consumables etc. used for R&D activities. The said registration is valid upto 31 March 2023.

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First Published: Feb 08 2021 | 3:40 PM IST

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