Amendment status not verified — confirm the current text below against the official source.
ln this Act, unless the context other- wise requires,- (l ) "Actionoble cloim"sholl hove the some meoning os ossigned to it in section 3 of the Tronsfer of Prope0 Act, 1882; Short title, extent ond com- mencement. 4 of 1882. Definitions t4 (2) "Address of delivery" meons the oddress of the recipient of goods or services or both indicoted on the tox invoice issued by o registered person for delivery of such goods or services or both; (3) iAddress on record" meons the oddress of the recipient os ovoiloble in the records of the supplier; (4) ?diudicoting outhority" meons ony outhority, oppointed or outhorised to poss ony order or decision under this Act, but does not include the Commissioner, Revisionol Authority, theAuthority forAdvonce Ruling, the Appellote Authority forAdvonce Ruling, lhe Appellote Authority ond the Appellote Tribunol; (5) ',Agent" meons o person, including o foctor, broker, commission ogent, orhotio, del credere ogenl, on ouctioneer or ony other mercontile ogent, by whotever nome colled, who conies on the business o{ supply or receipt of goods or services or both on beholf of onother; (6) ?ggregote turnover"meons the oggregote volue of oll toxoble supplies (excluding the volue of inword supplies on which tox is poyoble by o person on reverse chorge bosis), exempt supplies, exports of goods or services or both ond inter-Stote supplies of persons hoving the some Permonent Account Number, to be computed on oll lndio bosis but excludes centrol tox, Stote tox, Union territory tox, integroted tox ond cess; 43 of 1961 . 75 (7) iAgriculturisf'meonsonindividuol or o Hindu Undivided Fomily who undertokes cultivotion of lon4- (o) by own lobour, or (b) by the lobour of fomily, or (c) by servonts on woges poy- oble in cosh or kind or by hired lobour under personol supervision or the personol supervision of ony member of the lomily; (8) ?ppellote Authority" meons on quthority oppointed or oulhorised to heor oppeols os referred to in sedion 107; (9) 'Appellote Tribunol' meons the Goods ond SeMces To;( Appellote Tribunol refened to in sedion I09; (10) ?ppointed doy 'lneons the dote on which the provisions of this Aa sholl come into force; (1 I ) "Assessment"meons determino- tion of tox liobility under this Act ond includes selfossessment, re- ossessment, provisionol ossess- ment, summory ossessment ond best judgement ossessment; (12)'Associoted enterprises' sholl hove the some meoning os os- signed to it in section 92A of the lncome-tox Ad, 1961; (l 3) ?udit"meons the exominotion of records, returns ond other documents mointoined or fumished by the registered person under this Act or the rules mode frereunderor under ony other low for the time being in force to verify the correctness of turnover- declored, toxes poid, refund 76 cloimed ond input tox credit ovoiled, ond to ossess his complionce with the provisions ol this Act or the rules mode trereunder; (14) 'Authorised bonk"sholl meon o bonk or o bronch of o bonk outhorised by the Centrol Government to collect the tox or ony other omount poyoble under this Act ( I 5) 'Authorised representotive" meons the representotive os referred to under section I l6; (16) tsoord"meons $e CenrolBoord of Excise ond Customs constituted under the Centrol Boords of Revenue Act, 1963; (l 7) tsusiness"includes-- (o) ony trode, commerce, monufocture,profession, vocotion, odventure, woger or ony other similor octivity, whether or not it is for o pecuniory benefi[ (b) ony octivity or tronsoction in connection with or incidentol or oncillory to sub-clouse (o); (c) ony octivity or tronsoction in the noture oI sub-clouse (o), whether or not there is volume, frequency, conti- nuity or regulority of such tronsodion; (d) supply or ocquisition of goods including copitol goods ond services in connection with commence- mentor closure of business; 54 of 1963. n (e) provision by o club, ossociotion, society, or ony such body (for o subscription or ony other considerotion) of the focilities or benefits to its members; (0 odmission, for o considero- tion, of persons to ony premises; (g) services supplied by o person os the holder of on office which hos been occepted by him in the course or furtheronce of his trode, profession or vocotion; (h) services provided by o roce club by woy of totolisotor or o licence to book moker in such club; ond (i) ony odivity or tronsoction undertoken by the Centrol Gorernmeflt o 9sE GovenF ment or ony locol outhority in which they ore engoged os public outhorities; ( I 8) 'tsusiness verticol" meons o distinguishoble component of on enterprise thol is engoged in the supply of individuol goods or services or o group oI reloted goods or serviceswhich is subiect to risks ond returns thot ore different lrom those of the other business verticols. Explonalion.-For Ihe purposes of this clouse, foctors hot should be considered in determining whelher goods or services ore reloted include-- (o) the noture of the goods or services; 7t (b) the noture of the produaion processes; (c) the type or closs of customers for the goods or seMces; (d) the methods used to distribute the goods or suppty ol services; ond (e) lhe noture of regulotory environment (wteraner opdi- coble), including bonking, insuronce or public utilities; ( I9) fophol goods" meons goods, lhe volue of which is copitolised in the books of occount ol the person cloiming the input tox credit ond which ore used or intended to be used in the course or furtheronce of business; (20) tosuol toxoble person"meons o person who occosionolly undertokes tronsoaions involving supply of goods or services or both in the course or furtheronce of business, whether os principol, ogent or in ony other copocity, in the toxoble territory where he hos no fixed ploce of business; (21) tentrol tox" meons the Centrol qoods ond Services tox levied under section 9 of the Centrol Goods ond Services Tox Act; (22) "Cess" sholl hove the some meoning os ossigned to it in the Goods ond Services Tox (Compensotion to Stotes) Act; (23) ,Chortered occountont" meons o chortered occountont os defined in clouse (b) of sub-section (l ) of section 2 of the Chortered Accountonts Act, 1949; 38 of 1949 (24) (2s) (26) (27) (28) (2e) (30) 79 "Commissioner" meons the Commissioner of Stote tox oppointed under section 3 ond includes the ftincipol Commissio- ner or Chief Commissioner; tommissioner in the Boord" meons the Commissioner refened to in section 158 of the Centrol Goods ond Services Tox Ad; "Common portol' meons the common goods ond services tox electronic portol referred to in section 146; tommon working doys" sholl meon such doys in succession which ore not declored os Gozetted holidoys by the Centrol Govemment or fie Govemment of Arunochol Prodesh; 'Compony secretory' meons o compony secretory os defined in clouse (c) of sub-section (l) of section 2 of the Compony Secretories Ad, I 980; tompetent outhority" meons such outhority os moy be notified by the Governmeng tomposite supply" meons o supply mode by o toxoble person to o recipient consisting of two or more toxoble supplies ofgoods or services or both, or ony combino- tion thereof, which ore noturolly bundled ond supplied in coniundion witfr eoch other in the ordinory course of business, one of which is o principol supply; 56 of 1980. EO lllustrotion: Where goods ore pocked ond tronsported with insuronce, the supply of goods, pocking moteriols, tronsport ond insuronce is o composite supply ond supply of goods is o principol supply. (31) tonsiderotion" in relotion to the supply of goods or services or both includer- (o) ony poyment mode or to be mode, whether in money or othenaise, in resped of, in response to, or for the inducement of, the supply of goods or services or both, whether by the recipient or by ony other person but sholl not irrclude orry subsirJy given by the CentdGwemment or o Sffie Govemment (b) he monehry volue of ony oct or forbeoronce, in respect of, in response to, or for the inducement ol tre supply of goods or services or both, whether by the recipient or by ony other person but sholl rrct include orry subsidy given by the Cenrol Goremment or o Sffie Govemment: Provided hat o deposit given in respect of the supply of goods or services or botr sholl not be consirJered os poyment mode for such supply unless the supplier opplies such deposit os considerotion for the soid supply; 23 ol 1959. 8l (32) tontinuous supply of goods" meons o supply of goodswhich is provided, or ogreed to be provided, continuously or on recunent bosis, under o controd, whether or not by meons of o wire, coble, pipeline or other conduit, ond for which ttre supplier invoices the recipient on o regulor or periodic bosis ond includes supply of such qoods os the Government moy, subjea to such conditions, os it moy, by notificotion, specify; (33) tontinuous supply of services" meons o supply of services which is provided, or ogreed to be provided, continuously or on recurrent bosis, under o controct, for o period exceeding three months with periodic poyment obligotions ond includes supply of such services os the Government moy, subied to such conditions, os it moy, by notificotion, specify; (34) tonveyonce"includes o vessel, on oircrqft ond o vehicle; (35) tost occountont" meons o cost occountont os defined in clouse (c) oI sub-section (l ) of sedion 2 of the Cost ond Works Accountonts Ad, 1959; (36) touncil" meons the Goods ond Services Tox Council estoblished under orticle 279A of the Constitution; (37) tredit note" meons o document issued by o registered person under sub.section (l ) of section 34; 2l of 2000 t2 (38) Debit note" meons o document issued by o registered person under sub.section (3) of section 34; (39) Deemed exports" meons such supplies of goods os moy be notified under section 147; (rl0) Designoted outrority" meons such ouhority os moy be notified by the Commissioner; (41) Document" includes written or printed record of ony sort ond electronic record os defined in clouse (t) of section 2 of the lnlormstion Technology Act, 2000; (42) Drqwbock"in relotion to ony goods monufoctured in lndio ond exported, meons the rebote of duty, tox or cess chorgeoble on ony imported inputs or on ony domestic inputs or input services used in the monufocture of such goods; (43) "electronic cosh ledger"meons the electronic cosh ledger relerred to in sub-sedion (1) of sedion 49; (zl4) "electronic commerce"meons the supply of goods or services or boh, including digitol products over digitol or electronic network; (45) "electronic commerce operotor" meons ony person who owns, operotes or monoges digitol or electronic focility or plotform for eledronic commerce; (46) "eleckonic credit ledger" meons the electonic credit ledger refuned to in subsection (2) of section 49; 83 (47) 'exempt supply"meons supply of ony goods or services or both which ottrocts nil rote of tox or which moy be wholly exempt from tox under section ll, or under section 6 ofthe lntegroted Goods ond S€rvices Tox Actr ond includes non-toxoble supply; (48) 'existing low" meons ony low nolificotion, order, rule or regukrtion reloting to levy ond colledion oI duty or tox on goods or services or bottr possed or mode before he commencement of this Act by the Legisloture or ony Authority or person hoving the power to moke such low notificotion, order, rule or regulotion; (49) 'Iomily"meons,- (i) the spouse ond children of the person, ond (ii) the porents, grond-porents, brothers ond sisters ol the person if they ore wholly or moinly dependent on the soid person; (50) Tixed estoblishment" meons o ploce (other thon the registered ploce of business) which is chorocterised by o suff icient degree of permonence ond suitoble structure in terms of humon ond technicol resources to supply services, or to receive ond use services for its own needs; (51) Tund" meons the Consumer Welfore Fund estoblished under section 57; 80 of I 976 (s2) (s 3) (il) (ss) (s6) (s7) (s8) 81 "goods" meons every kind of movoble property other thon money ond securities but includes octionoble cloim, growing crops, gross ond things ottoched to or forming port of the lond which ore ogreed to be -vered before supply or under o controd of supply; "Government" meons the &vemmenl ol Aru m dnl h&sh; 'Goods ond Services Tox (Compen sotion to Stotes) Ad" meons the Goods ond Services Tox (Compensotion to Stotes) Act, 2017; "goods ond services tox proctitioner' meons ony person who hos been opproved under section 48 to oct os such proctitioner; 'lndio' meons the tenitory of lndio os referred to in orticle I o{ the Constitution, its territoriol woters, seobed ond sub-soil underlying such woters, continentol shelf, exclusive economic zone or ony other moritime zone os referrd to in the Terriloriol Woters, Continentol Shelf , Exclusive Economic Zone ond otrer lv,loritime ZonesAc! 1976, ond fre oir spoce obove its territory ond territoriol woters; 'lntegroted Goods ond Services Tox Act" meons the lntegroted Goods ond Services Tox Act, 2017; "integroted tox" meons the integroted goods ond services tox levied under the lntegroted Goods ond Services Tox AcU 85 (59) lnput"n€ons ony goods other thon copitol goods used or intendd to be used by o supplier in the course or furtreronce of business; (60) lnput service"meons ony service used or intended to be used by o supplier in the course or furtheronce of business; (61 ) lnput Service Distributor"meons on office of the supplier ol goods or services or bott which receives tox invoices issued under section 3l towords the receipt of input services ond issues o prescribed document for the purposes of distributing the credit of centrol tox, Stote tox, integroted tox or Union tenitory tox poid onthe soid services to o supplier of toxoble goods or services or both hoving the some Permonent Account Number os thot ofthe soid office; (62) lnput bx"in relotjon to o registered person, meons the centrol tox, Stote tox, inlegroted tox or Union tenitory tox chorged on ony supply of goods or services or both mode to him ond includes- (o) the integroted goods ond services tox chorged on import of goods; (b) the tox poyoble under the provisions of sub-sections (3) ond (4) oI section 9; (c) the tox poyoble under the provisions of sub-sections (3) ond (4) of section 5 of the lntegroted Goods ond Services Tox AcL or 86 (d) the tox poyoble under the provisions of sub-sedions (3) ond (4) of section 9 of he CentalGds and Servkes Tox Act, but does not include the tox poid under the composition le!ry; (53) lnput tox credit"meons the credit of input tox; (64) '1ntro-Stote supply of goods" sholl hove the some meoning os ossigned to it in section 8 of the lnEgmEd Goods ond Services Tox Acu (65) 'lntro-Stote supply of services" sholl hove the some meoning os ossigned to it in section 8 of the lntegroEd Goods ond Services Tq Act; (66) 'lnvoice"or tox invoice"meons tre tox invoice referred to in section 31 (67) "inword supply" in relotion to o person, sholl meon receipt of goods or services or boh whether by purchose, ocquisition or ony other meons, with or without considerotion; (68) lob work"meons ony treotment or process undertoken by o person on goods belonging to onother registered person ond the expression 'lob worker" sholl be construed occordingly; (69) locol outhority"meons- (o) o ?onchoyot"os defined in douse (d) of ortide 243 of fie Constitution; 41 o12006. t7 (b) o Trrlunicipolity'os defined in clouse (e) ol orticle 243P o( the Constitution; (c) o Municipol Committee, o Zillo Porishod, o District Boord, ond ony other outhority legolly entided to, or entrusted by the Centrol Government or ony Stote Govemment with the control or mcnogement of o municipol or locolfund; (d) o Contonment Boord os defined in section 3 of the Contonments Act, 2006; (e) o Regionol Council or o District Council constituted under the Sixth Schedule to the Constitution; (f) o Development Boord constituted under orticle 371 of the Constitution; or (g) o Regionol Council consti tuted under orticle 37lA of the Constitution; (70) locotion of the recipient of services" meons,- (o) where o supply is received ot o ploce of business forwhich the registrotion hos been obloined, he locotion of such ploce of business; (b) where o supply is received ot o ploce other thon the ploce of business for which registrotion hos been obtoaned (o fixed estoblish- , ment elsewhere), the !ocotion of such f ixed estcblishment; 8E (c) where o supply is received ot more thon one estoblish- ment, whether the ploce of business or fixed estoblish- ment, the locotion of the estoblishment most directly concerned with tre receipt of the supply; ond (d) in obsence of such ploces, the locotion of the usuol ploce of residence of the recipient; (7I) 'locotion of the supplier of services" meons,- (o) where o supply is mode from o ploce ol business forwhich the registrotion hos been obtoined, the locotion of such ploce of business; (b) where o supply is mode from o ploce other thon the ploce of business for which registrotion hos been obtoined (o fixed estoblish- ment elsewhere), the locotion of such f ixed estoblishmenL (c) where o supply is mode from more thon one estoblish- ment, whether the ploce of business or fixed estoblish- ment, the locotion ol the estqblishment most directly concerned with the provisions of the supply; ond (d) in obsence of such ploces, the locotion oi the usuol ploce oI residence of the supplier; 89 (72)'?nonufocture"meons processing of row moteriol or inputs in ony monner drot results in emergence ofo new produd hoving o distinct nome, chorocter ond use ond the term "monufocturer" sholl be construed occordingly; (73) '?norket volue" sholl meon the full omountwhich o recipient ofo suP ply is required to poy in order to obtoin the goods or services or both of like kind ond quolity ot or obout the some time ond ot the some commerciol level where the recipient ond the supplier ore not reloted; (74) 'tnixed supply"meons two or more individuol supplies of goods or services, or ony combinotion thereof, mode in conjunction with eoch other by o toxoble person for o single price where such supply does not constitute o composite supply. lllustrotion: A supply of o pockoge consisting of conned foods, sweets, chocolotes, cokes, dry fruits, oeroted drinks ond fruit juices when supplied for o single price is o mixed supply. Eoch oI these items con be supplied seporolely ond is not dependent on ony other. lt sholl not be o mixed supply if these items ore supplied seporotely; (75) "money" meons the lndion legol tender or ony foreign currency, cheque, promissory note, bill of exchonge, letter of credit, droft, poy ordet toveller cheque, money order, postol or electronic 59 of 1988 90 remittonce or ony olher instrument recognized by the Reserve Bonk of lndio when used os o considerotion to setlle on obl(lotion or exchonge wih lndion legol tender of onother denominotion but sholl not include ony currenry thot is held for its numismotic volue; (76) 'tnotor vehicle"sholl hove the some meoning os ossigned to it in clouse (28) of seclion 2 of the Motor Vehicles Act, 1988; (77) "non-resident toxoble person" meons ony person who occosionolly undertokes tronsodions involving supply of goods or services or botr, whefier os principol or ogent or in ony other copocity, but who hos no fixed ploce of business or residence in lndio; (78) 'hon-toxoble supply" meons o supply of goods or seMces or botr which is not levioble to tox under this Ad or under the lntegroted Goods ond Services Tox Ad; (79) hon{oxoble territory" meons the territory which is outside the toxoble territory; (80) "notificotion" meons o notificotion published in the Officiol Gozette ond the expressions 'notify' ond ' notif ied' sholl be construed occordingly; (81) bther territory" includes territories other thon those comprising in o Stote ond those referred to in sub-clouses (o) to (e) of clouse (1r4); l8 of 201 3. 9r (82) "output tox"in relotion to o toxoble person, meons the tox chorgeoble under this Act on toxoble supply of goods or services or bob mode by him or by his ogent but ex- cludes tox poyoble by him on re verse chorge bosis; (83) "outword supply" in relotion to o toxoble person, meons supply of goods or services or botr, whether by sole, ronsler, borter, exchonge, licence, rentol, leose or disposol or ony other mode, mode or ogreed to be mode by such per- son in the course or furtheronce of business; (84) ?erson"includes- (o) on individuol; (b) o Hindu Undivided Fomily; (c) o compony; (d) o firm; (e) o Limited Li:bility Porhership; (0 on ossociotion of persons or o body of ind ivid uo ls, whether incorporoted or not, in lndio or outside lndio; (g) ony corporotion estoblished by or under ony CentrolAct, Stote Ad or ProvinciolAct or o Government compony os defined in clouse (45) of section 2 of the Componies Act, 2013; (h) ony body corporote incor- poroted by or under the lows of o country outside lndio; 2'l of I 860. 92 (i) o co-operotive society registered under ony low reloting to co-operotive societies; 0 o locolouthority; (k) Cenkol Government or o Shte Government; (l) society os defined underthe SocietiesRegistrotion Act, 1860; (m) trust; ond (n) every ortif iciol juridicol person, notfolling within ony of the obove; (85) 'Floce of business" includes- (o) o ploce from where the business is ordinorily corried on, ond includes o worehouse, o godown or ony other ploce where o toxoble person stores his goods, supplies or receives goods or services or bolh; or (b) o ploce where o toxoble person mointoins his books of occount or (c) o ploce where o toxoble person is engoged in business through on ogent, by whotever nome colled; (86) 'Floce of supply" meons the ploce of supply os refened to in Chopter V of the lntegroted Goods ond Services Tox Act; (87) hrescribed" meons prescribed by rules mode under this Act on the recommendotions oI the Council; (88) lrincipol" meons o person on whose beholf on ogent corries on the business of supply or receipt of goods or services or both; (89) "principol ploce of business" meons the ploce oI business specified os the principol ploce of business in the certificote of regisfoton; (90)'principol supply"meons the supply of goods or services which constitutes the predominont element of o composite supply ond to which ony other supply forming port of thot composite supply is oncillory; (91) 'Froper officer" in relotion to ony function b be performed under fris Act, meons the Commissioner or the officer of the Stote tox who is ossigned thot Iunction by the Commissioner; (92) tuorter" sholl meon o period comprising three consecutive colendor months, ending on the lost doy of Morch, June, September ond December ol o colendoryeor; (93) 'iecipient" o, supply of goods or services or both, meons- (o) where o considerotion is poyoble for the supply of goods or seMces or botr, he person who is lioble to poy thol considerotion; (b) where no considerotion is poyoble for the supply of goods, the person to whom the goods ore delivered or mode ovoiloble, or to whom possession or use of the goods is given or mode ovoiloble; ond (c) where no considerotion is poyoble for the supply of o service, tte person to whom the servke is rendered, ond ony rebrerre to o person to whom o supply is mode sholl be construed os o relerence to fre recipient of the supply ond sholl include on ogent oding os such on beholf oI the recipienl in relotion to the goods or seMces or bofr supplied; (94) "registered person" meons o person who is registered under seaion 25 but does not include o person hoving o Unique ldentity Number. (95) tegukrtions"meons the regukrtions mode by the Government undet thisAct on the recommendotions of the Council; (96) "removol" in relotion to goods, meons- (o) despotch of the goods lor delivery by the supplier thereof or by ony other person octing on beholf of such supplier; or (b) collection of the goods by $e recipient thereof or by ony olher person octing on beholf of such recipient; (97) "return" meons ony return prescribed or otherurise required to be furnished by or under this Act or the rules mode thereunder; (98) twerse chorge" nreons tre liobility to poy tox by the recipient of suppt of gpods or seMces or botr insteod oI the supplier of such goods or services or both under subsection (3) or sub-seaion (4) ol section 9,or under sub-section (3) or sub-section (4) of seaion 5 of the lntegroted Goods ond Services Tox Ad; (99) Revisionol Authority" meons on outhority oppointed or outhorised for revision of decision or orders os referred to in sedion 108; (100) lSchedule' meons o Schedule oppended to this Ad (l0l) "securities" sholl hove the some meoning os ossigned to it in clouse (h) of section 2 of the Securities Controcts (Regulotion) Act, 1955; ( I 02) "services" meons onything other thon goods, money ond securities but includes odivities reloting to he use of money or its conversion by cosh or by ony other mode, from one form, currency or denominotion, to onother form, cunency or denominolion for uhkh o seporote considerotion is chorged; (I03) "Stote" meons the Stote oI Arunochol Prodesh ; ( 104) 'Stote tox" meons the tox levied under this Act (105) "supplier"in relotion to ony goods or services or botr, sholl meon dre person supplying the soid goods or services or both ond sholl include on ogent octing os such on beholf of such supplier in relotion to the goods or services or both supplied; 42 of 1956. 96 ( 106) tox period" meons the period for which the return is required to be furnished; (107) toxoble person"meons o person who is registered or lioble to be registered under section 22 or section 24; (108) loxoble supply'' meons o supply of goods or services or both which is levioble to tox under this Ad; (109) loxoble territory" meons the tenitory to which the provisions of this Act opply; ( I I 0) lelecommunicotion seMce"meons service of ony description (including electronic moil, voice moil, doto services, oudio text seMces, video text services, rodio poging ond cellulor mobile telephone services) which is mode ovoiloble to users by meons of ony tronsmission or reception of signs, signols, writing, imoges ond sounds or intelligence of ony noture, by wire, rodio, visuol or other electromognetic meons; (l I I ) the Centrol Goods ond Services Tox Act" meons he CentolGoods ond Services Tox Act, 201 7; (112) 'turnover in Stote"or lurnover in Union territory" meons the oggregote volue of oll toxoble supplies (excluding the volue of inword supplies on which tox is poyoble by o person on reverse chorge bosis) ond exempt supplies mode within o Stote or Union territory by o toxoble t25 (d) goods or services or both received by o toxoble person for construction of on immovoble property (other thon plont or mochinery) on his own occount including when such goods or services or both ore used in the course or furtheronce of business. Explonotion.-F or the purposes of clouses (c) ond (d), the expression "con struction "includes recon- struction, renovotion, odditions or olterotions or repoirs, to the extent of copitolisotion, to the soid immovoble property; (e) goods or services or both on which tox hos been poid under sedion l0; (f) goods or services or both received by o non-resident toxoble person except on goods imported by him; (g) goods or services or both used for personol consumption; (h) goods lost, stolen, destroyed, written off or disposed ol by woy ol gift or free somples; ond (i) ony tox poid in occordonce with the provisions of sections 74, 129 ond I 3l (5r fhe Government mqy prescril:c the monner in which the credit 'eferred to in sub-sections (1) ond (2) moy be nttribr rted. 126 Explonation.- For tre purposes of this Chopter ond Chopter Vl, the expression ?lonl ond mochinery" meons opporotus, equipment, ond mochinery fixed to eorth by foundotion or structurol support *rot ore used for moking outword supply of goods or services or both ond includes such foundotion ond stucturol supports but excludes- (i) lond, building or onyother civil structures; (ii) telecommunicotion towers; ond (iii) pipelines loid outside the loclory premises.