Can electrical cable and accessories come under capital goods.

[kiran pai]

We have started a new process house of textile at tarapur, can we source indigenous capital goods and claim from the dgft. Can electrical cable and accessories come under capital goods.

[Rama Krishana]

There are various option under various circumstances. Therefore, you need to elaborate the under which scheme and option of foreign trade policy you are working and what type of benefit you are asking for.

AI Summary

Capital goods classification guides whether electrical cables qualify for trade-policy benefits under specific scheme eligibility rules. Whether electrical cables and accessories qualify as capital goods for trade-related benefits depends on the specific trade policy scheme and its eligibility criteria; such items may be treated as capital goods if they meet the scheme's definitional and functional requirements, but entitlement varies by chosen option, applicable notifications, and required documentation.