F-18 Products classifiable under HSN code 30063000 & 18% GST applicable

In re IBA Molecular Imaging (India) P. Ltd. (GST AAR Uttar Pradesh) Introduction: The Advance Ruling Authority’s recent decision on the GST classification of F-18 products under HSN 30063000 brings clarity to the case of IBA Molecular Imaging (India) P. Ltd. This article delves into the details of the ruling, addressing key questions and implications. Detailed Analysis: Background of the Applicant: M/s IBA Molecular Imaging (India) P. Ltd. sought an Advance Ruling under CGST and UPGST Acts regarding the classification of their F-18 products, radioactive isotopes used for diagnostic pur...