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Excise

EXICSE (Legacy) 692 views 4 replies
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Executive
174 Points Posted on 15 October 2014
is that definition of capital goods is exhaustive? there are some items which are not inputs for us. however those chapter heading are not defined in definition of capital goods. pls guide
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On 15 October 2014 at 22:30 Report
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Officer - Excise
525 Points Posted on 15 October 2014

Question not clear

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On 15 October 2014 at 23:12
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Executive
174 Points Posted on 15 October 2014
Some items like lubricant oil or cutting oil under Tariff code 28, steel wire brush under tariff 96. We treat it as capital goods as they are not used in our final product. However these HS code are not defined in definition of capital goods
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On 15 October 2014 at 23:20
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partner
175 Points Posted on 15 October 2014
Lubricant oil to be included in inputs used in ractory indirectly fir manufacture paintbrush falling under chapter 9 part of capital goods
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On 15 October 2014 at 23:50
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partner
175 Points Posted on 15 October 2014
Any thing that fall under chapter 8 ir chapter 9 is capital good
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On 15 October 2014 at 23:51


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