https://www.taxtmi.com/caselaws?id=388744 The ruling determined that the applicant is liable to pay GST on machines under the Part Reagent Rental Placement Contracts (PRC) model but not under the Reagent Rental Placement Contracts (RRC) model. The supply of reagents along with machine rental and services in both RRC and PRC contracts is considered a separate supply. The rate of tax for the rental services of equipment is 9% CGST and 9% KGST. The applicant is eligible for input tax credit on the purchase of machinery for use in RRC/PRC contracts, subject to specified conditions. en-us Mon, 30 Sep 2019 00:00:00 +0530 Thu, 13 Mar 2025 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388744 The ruling determined that the applicant is liable to pay GST on machines under the Part Reagent Rental Placement Contracts (PRC) model but not under the Reagent Rental Placement Contracts (RRC) model. The supply of reagents along with machine rental and services in both RRC and PRC contracts is considered a separate supply. The rate of tax for the rental services of equipment is 9% CGST and 9% KGST. The applicant is eligible for input tax credit on the purchase of machinery for use in RRC/PRC contracts, subject to specified conditions. Case-Laws GST Mon, 30 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388744