Transfer of right to use of any goods for any purpose is liable for GST : AAR

By | October 12, 2018
Print Friendly, PDF & Email
(Last Updated On: October 12, 2018)

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

B.G. KRISHNAN AND B.S. THYAGARAJABABU, MEMBER

ADVANCE RULING NO. KER/15/2018

SEPTEMBER  26, 2018

Darshan Boram, Adv. for the Appellant.

Download Click here 

Other GST Judgments

 

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source

Leave a Reply

Your email address will not be published. Required fields are marked *