The transfer of right to use of any goods for any purpose is liable to GST.
Free medical instrument supplied with other goods to hospitals, for a specific period constitute composite supply liable to GST under Sr. No. 17(iii) – Heading 9973 as transfer of right to use of any goods for any purpose
Placement of specified medical instruments to hospitals, labs, etc. for use without consideration against an agreement containing minimum purchase obligation of products like reagents, calibrators, disposals etc., for a specific period constitute composite supply.
The principal supply is the transfer of right to use any goods for any purpose and is liable to GST under Sr. No. 17(iii) – Heading 9973 as ‘transfer of right to use of any goods for any purpose'(whether or not for a specified period) for cash, deferred payment or other consideration
AUTHORITY FOR ADVANCE RULINGS, KERALA
Abbott Healthcare Pvt Ltd
ADVANCE RULING NO. KER/15/2018
ADVANCE RULING NO. KER/15/2018
SEPTEMBER 26, 2018
Darshan Boram, Adv. for the Appellant.
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