Capital Goods means 4 Categories of good as mentioned in Rule 2(a) of CCR
Here,they are classified as (A),(B),(C),(D)
Lets study these one by one
Rule 2(a): C apital Goods:
(A)
1,Goods falling under Chapters 82, 84, 85, 90, heading number 6804 and 6805, of the First Schedule to Central Excise Tariff Act,
View Example
Chapter 82: Tools, Implements, Cutlery etc.
Chapter 84: Nuclear Reactors, Boilers, Machinery etc
Chapter 85: Electrical Machinery & Equipment & parts thereof, sound recorders, and parts and accessories of such articles
Chapter 90: Optical, photographic, medical &ssurgical instruments and apparatus parts
Heading 6804- Natural or Artificial Abrasive powder
Heading 6805 -Grinding wheels
2. Pollution Control Equipments -ex-
(like chimneys)
3.Components, spares and accessories of goods specified at (i) and (ii) above;
View Example
(Spare partsof different machines and pollution control equipment covered)
4.Moulds and dies, jigs and fixtures;
View Example
Moulds and dies are used for shaping
Jigs are used for cutting
Fixtures are used for holding finished produce
5.Refractories and refractory materials;
View Example
These are a lining of material used in inside walls of furnace
6. Tubes, pipes and fittings thereof, used in the factory;
View Example
used to connect and transport chemicals/liquids
7.Storage tank
View Example
used to store chemicals/liquids
8.Motor vehicles other than those falling under tariff heading 8702, 8703, 8704, 8711 and their chassis, (but including dumpers and trippers)
-ex-
Following Covered
Dumpers/Tippers/Tractors/Road Roller/Loaders etc
Following not covered
8702: Passenger vehicles carrying more than 10 persons Like bus
8703: Passenger vehicles carrying upto 10 persons Like car
8704: Goods vehicles Like trucks
8711: Motor cycles
-eex-
Used—
- in the factory of the manufacturer of the final products,
but does not include any equipment or appliance used in an office;
or
outside factory for generating electricity for captive use
- For providing output service;
Capital Goods Used
|
Type of Assessee |
Used in |
|
In Case of Manufacturer |
Used in Factory Only (if used in Office ,no input)
Or Used outside factory In case of electricity for captive use
|
|
In Case of Service Provider |
Used for providing output service |
|
|
|
(B) Goods Transport Vehicles are Capital Goods
Goods Transport Vehicle is a capital goods in case of following services
- Courier Service
- Providing service of renting goods vehicle
- transportation of inputs and capital goods used for providing an output service;
In all these cases, Input available only if vehicle including chassis registered in name of the service provider
(C) Passenger Transport Vehicles are Capital Goods in case of following service providers
- transportation of passengers;(Taxi Service) or
- renting of such motor vehicle;(Cars on Rent) or
- imparting motor driving skills;(Car Driving schools)
In all these cases, Input available only if vehicle including chassis registered in name of service provider