AAR: Rules on taxability of reagent/equipment supplied under PRC/RRC model

Karnataka AAR holds that applicant is not liable to GST under RRC model (Reagent Rental Placement Contracts) in respect of, (i) supply of reagents to end-customer from the distributor and (ii) delivery of equipments to end-customer without any charge; Noting that, applicant sells the reagents to the distributors who further sells same to the end-customers, observes that applicant is merely facilitating such supply by binding to provide reagents as the equipment would not work...