Amendment in paragraph 3.10 - Capital Goods
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Capital goods definition broadened to explicitly include machinery, testing instruments and use across manufacturing, agriculture and services.
Amendment revises the definition of Capital Goods to include any plant, machinery, equipment or accessories required for manufacture, production or rendering services, including for replacement, modernisation, technological upgradation or expansion, and expressly lists illustrative items such as packaging machinery, refractories for initial lining, refrigeration equipment, power generating sets, machine tools, catalysts for initial charge, and equipment for testing, research and development, quality and pollution control; it also permits use across manufacturing, mining, diverse agricultural and allied activities and the services sector.