Manage changes in company details (location, name, mergers, etc.), ensuring immediate notification to DSIR and supporting document submission.
Help maintain separate accounts for R&D units and ensure that consolidated R&D expenditures are accurately reflected in annual financial statements.
Facilitate the preparation and submission of annual reports, including R&D achievements, new developments, and patents, within 15 days of publication.
Provide guidance on licensing policies and statutory approvals necessary for commercializing R&D-developed products and technologies.
Assist in applying for customs and excise duty exemptions on R&D-related purchases and ensure compliance with relevant tax laws.
Ensure proper notification to DSIR and customs/excise authorities when disposing of R&D equipment or products, with income reflected in R&D accounts.
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