Bangalore Medical Systems ., In re
Date: September 7, 2020
Subject Matter
ITC in respect of capital goods and reagents/consumables purchased by a diagnostic lab is restricted to the amount attributable to taxable supplies made.
Summary
The applicant is into supply of various reagents/ medical consumables (goods) in addition to provision of diagnostic services. The applicant have been Molecular Diagnostic services by M/s Kidwai Medical Institute of Oncology, Bengaluru, a Karnataka G…
1. M/s Bangalore Medical Systems, #5 & 6, 1st Floor, S. M. Road, T.Dasarahalli, Bengaluru-560057 (hereinafter referred to “the applicant”) and having a GSTIN 29ADRPR1448K1ZS, have filed an application for Advance Ruling under Section 97 of the CGST Act,2017 read with Rule 104 of CGST Rules, 2017 and Section 97 of the KGST Act, 2017 read with Rule 104 of KGST Rules 2017, in FORM GST…