Court Upholds Definition of Capital Goods in Goa VAT and Entry Tax Acts, Ensuring Consistency with Central Act.

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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