Tag Archives: Section 2(19) of New Draft Model GST Law

Capital Goods Definition Changed in New Draft Model GST Law

By | November 27, 2016

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 »