he Kerala Authority of Advance Ruling (AAR) ruled that the placement of specified medical instruments to unrelated customers without consideration constitutes supply of Services. The Applicant, M/s. Abbott Healthcare Private Limited is engaged inter alia in the sale of pharmaceutical products, diagnostic kits, diagnostic instruments etc. As part of its business activity the applicant places specified medical instruments to unrelated hospitals, labs etc for their use for a specified period without any consideration. In order to execute the placement of instruments, the applicant enters into Reagent Supply and Instrument Use Agreement with various hospitals, labs etc.
Source Taxscan
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