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VAT - Highlights / Catch Notes

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Meaning and scope of capital goods as per the notification - ...

VAT and Sales Tax

September 9, 2022

Meaning and scope of capital goods as per the notification - Based on the provisions of the Goa Act and the Central Act, therefore, there was nothing wrong with the Respondents referring to the definition of capital goods in Section 2(f) of the Goa Value Added Tax Act, 2005, given explicit provision in Section 2(B) of the Entry Tax Act, 2000. - HC

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