Capital goods definition broadened to include specified machinery and equipment for manufacturing and allied primary industries. The notification substitutes the Explanation's clause defining capital goods, specifying that capital goods comprise plant, machinery, equipment or accessories required for manufacture or production and listing packaging machinery, refractories, refrigeration equipment, power generating sets, machine tools, catalysts for initial charge imported with capital equipment, and equipments for testing, research and development, quality and pollution control. It further includes use of such goods in manufacturing, mining and allied activities such as agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry and sericulture.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital goods definition broadened to include specified machinery and equipment for manufacturing and allied primary industries.
The notification substitutes the Explanation's clause defining capital goods, specifying that capital goods comprise plant, machinery, equipment or accessories required for manufacture or production and listing packaging machinery, refractories, refrigeration equipment, power generating sets, machine tools, catalysts for initial charge imported with capital equipment, and equipments for testing, research and development, quality and pollution control. It further includes use of such goods in manufacturing, mining and allied activities such as agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry and sericulture.
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