Tag Archives: New Draft Model GST Law

Capital Goods Definition Changed in New Draft Model GST Law

Capital Goods Definition under Model GST Law Definition of Capital Goods as per the New Draft Model GST Law, released by CBEC on 25.11.2016 – “capital goods” means goods, the value of which is capitalised in the books of accounts of the person claiming the credit and which are used or intended to be used in the course or… Read More »

Schedule V of New Draft Model GST Law -Person Liable to be Registered

New The Draft Model GST Law, Draft IGST Law and Draft Compensation Law which would be considered by the GST Council for approval are placed in the public domain for information of trade, industry and other stake holders. on 25.11.2016 :- Draft Model GST Law, Draft IGST Law and Draft Compensation Law ] Earlier, the Draft… Read More »