https://www.taxtmi.com/caselaws?id=88149 Modvat credit on storage tanks claimed as capital goods was found arguable because the tanks were specially designed for storing hydrofluoric acid and were said to be necessary for manufacture of the final product. The tribunal noted that the issue required detailed examination at the final hearing, but no financial hardship was shown. Partial waiver of pre-deposit was therefore granted, and the balance duty was stayed subject to deposit of Rs. 60,000. en-us Wed, 04 Feb 1998 00:00:00 +0530 Thu, 15 Sep 2011 14:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88149 Modvat credit on storage tanks claimed as capital goods was found arguable because the tanks were specially designed for storing hydrofluoric acid and were said to be necessary for manufacture of the final product. The tribunal noted that the issue required detailed examination at the final hearing, but no financial hardship was shown. Partial waiver of pre-deposit was therefore granted, and the balance duty was stayed subject to deposit of Rs. 60,000. Case-Laws Central Excise Wed, 04 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88149