The Research & Development Cess Act, 1986 was enacted by the Parliament for the levy and collection of cess at a rate not exceeding 5% on all payments made for the import of technology for the purposes of: i) encouraging the commercial application of indigenously developed technology; and ii) for adapting imported technology to wider domestic application. For the development and application of indigenous technology in a dynamic economic environment, the Government of India enabled the placing of proceeds of the Research and Development Cess on the import of technology into a fund called the Fund for Technology Development and Application. To administer the Fund, the Government constituted the Technology Development Board (TDB) on 1st September, 1996, under the provisions of the Technology Development Board Act, 1995. This booklet provides guidance to access the Fund.