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Examveda

Is definition of Inputs includes capital goods

A. Yes

B. No

Answer: Option B


This Question Belongs to Commerce >> GST

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Comments ( 5 )

  1. Rachna Kukreja
    Rachna Kukreja :
    4 years ago

    I object as input does include input on capital goods

  2. ANANDU V.P
    ANANDU V.P :
    5 years ago

    Give explanation for this question !!???

  3. Anshul Chaturvedi
    Anshul Chaturvedi :
    6 years ago

    THE SITE IS UPDATED ?
    PL DO TELL

  4. Examveda
    Examveda :
    6 years ago

    As per Section 2(59) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “input” means any goods other than capital goods used or intended to be used by a supplier in the course or furtherance of business.

  5. Srikanth Kavuri
    Srikanth Kavuri :
    6 years ago

    please give the explanation

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