GST Practitioner & Accounts
15022 Points
Joined March 2014
Capital Goods is defined under section 2(19) of the CGST Act , Capital goods means the Value of which is Capitalised in the books of Accounts ( shown in asset side in balance sheet) and claiming input tax credit and such goods are intended to be used in the course of furtherance of business. ( please refer section 2(19) of the CGST Act )
In GSTR 9 in table 6 you have to report Capital goods brought during the year and Input tax credit claim on such assets in GSTR3B .