input credit on material purchased to built storage tank

[Dharmnath Avhad]

Daer sir

we  are covered by catagory of  'storage and warehousing ' service providers. We ahve purchased raw material to built storage tanks to store liquids.

Que. Can I get full cenvat credid in first year on the goods purchased to build these tanks ?

Adv. D B avhad 

AI Summary

Service provider questions full CENVAT credit eligibility for storage tank materials; advised to notify Department if claiming. A service provider in the 'storage and warehousing' category inquired about eligibility for full CENVAT credit in the first year on materials purchased to build storage tanks. An advisor suggested that while judgments vary, it's advisable to inform the Department if choosing to claim the credit. The inquirer requested citations for reference, and the advisor recommended consulting the latest notification no. 18/2012-NT dated March 17, 2012, for guidance.