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ancillary to such trade, commerce, manufacture adventure or concern; (x) "Capital goods" means plant, machinery, equipments including pollution / quality control, lab and cold storage equipments

exempted goods" means the goods falling under the Fourth Schedule and goods exempted by the Government, by notification, from time to time. (21) "goods" means ... articles including the goods (as goods or in some other form) involved in the execution of works contract or those goods to be used

Nadu; (54) "Goods and Services Tax (Compensation to States) Act" means the Goods and Services Tax (Compensation to States) Act, 2017; (55) "goods and services ... integrated goods and services tax levied under the Integrated Goods and Services Tax Act; (59) "input" means any goods other than capital goods used

circulating capital, it would be a trading loss, but depreciation of fixed capital on account of alteration in exchange rate would be a capital loss ... capital or in circulating capital and since the amount of $ 36,123/-, though initially a trading receipt, was set apart for purchase of capital goods

used as raw materials or capital goods in manufacture of goods specified in Schedule I or goods exempt from the whole ... manufactured; (i) [ Of capital goods used in the manufacture of goods specified in schedule I or the goods exempt from the whole

Goods and Services Tax (Compensation to States) Act" means the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017); (55) "goods ... integrated goods and services tax levied under the Integrated Goods and Services Tax Act; (59) "input" means any goods other than capital goods used

goods) for which a tax credit arises under sub-section (1) of this section; (b) the goods or goods manufactured out of such goods ... goods from an unregistered dealer; (b) the purchase of goods which are used exclusively for the manufacture, processing or packing of goods specified

Sugar manufacturing plant by the assessee can be classified as capital goods under Rule 57Q of the Central Excise Rules, 1944 [hereinafter referred ... cover capital goods by their classification whereas clause (d) covers goods by their description viz, components, spares and accessories of the said capital goods

Kept in U.S.A. for buying capital goods with sanction of Reserve Bank-Amount later repariated-surplus in rupees due to devaluation-If capital ... capital account e.g. to acquire capital assets, and not as circulat- (1) 22 I.T.R. Supp. 1. 2 4 1 ing capital

respect of certain items by the manufacturers treating those items as `Capital goods' in terms of Rule 57Q of the Central Excise Rules ... goods can be machines, machinery, plant equipment, apparatus, tools or appliances. Any of these goods if used for producing or processing of any goods