Randox Laboratories India Private Limited ., In re
Date: September 30, 2019
Court: Authority for Advance Ruling
Bench: Karnataka
Type: Advance Ruling
Judge(s)/Member(s): Harish Dharnia, Ravi Prasad MP
Subject Matter
Rate of tax for the supply of rental service of equipments is 18%
Summary
(Q1) Whether the applicant is liable to pay GST on the machines given to the customers under RRC/PRC models ? The applicant is liable to pay GST on the machines / equipments given to the customers under the PRC Model but is not liable to pay GST on t…
1. M/S Randox Laboratories India Private Limited, (called as the ‘Applicant’ hereinafter), KIADB Industrial Area, 191-195, Bommasandra Jigani Link Road, Bengaluru 560105, having GSTIN number 29AADCR0074KIZ7, has filed an application for Advance Ruling under Section 97 of CGST Act, 2017, KGST Act, 2017 read with Rule 104 of CGST Rules 2017 & KGST Rules 2017, in form GST ARA-01 disch…