Incentives available for R & D Centres

xpenses as it is allowed 200% by the Tax authorities irrespective whether it was incurred on a failed project. 
4) Revenue expenses viz. travel, salary, other incidental expenses etc. of the R & D personnel is eligible for 200%. 
5) Custom Duty: 
The Custom Duty varies from 5% to 165% whereas, if the asset is imported by R & D Department, the duty to be paid would be zero% 
6) Central Excise: 
Zero Excise Duty for 3 years, if your product has a patent (with certain conditions). 
7) Financial Assistance:
Once you are an approved R & D Centre, you are eligible for Grants from the Government on Project to Project.