Authority for Advance Ruling — GST on diagnostic and laboratory reagents imported  – The applicant engaged in the business of import and sale of medical & laboratory instruments, laboratory reagents and diagnostic reagents, falling under tariff heading 3822. The applicant has sought advance ruling as to whether ‘diagnostic and laboratory reagents’ imported and supplied by the applicant and classified under heading 3822 of the Customs Tariff Act, 1975 are covered under Entry No. 80 of Schedule II to the Notification No.1/2017-Integrated Tax (Rate) dated 28.06.2017 attracting a levy of Integrated Tax at the rate of 12%.

Held that:- The Hon’ble Authority for Advance Ruling held that the diagnostic and laboratory reagents’ imported and supplied by the applicant and classified under heading 3822 are covered under Entry No. 80 of Schedule II to the Notification No.1/2017-Integrated Tax (Rate) dated 28.06.2017 attracting a levy of Integrated Tax at the rate of 12%, in terms of the clarification issued vide para No.10 of the Circular No. 163/19/2021-GST dated 6th October, 2021.