https://www.taxtmi.com/caselaws?id=105659 M.S. storage tanks under heading 7311.00 were not eligible for Modvat credit as capital goods under Rule 57Q for the relevant period because the definition then applied only to goods specifically listed in the Table. The earlier ruling relied on by the assessee was inapplicable as it concerned a different version of the capital goods definition. On that basis, the tanks were held outside the specified categories, the challenge to the credit was upheld, and the issue was decided against the assessee. en-us Wed, 08 May 2002 00:00:00 +0530 Tue, 06 Mar 2012 18:03:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105659 M.S. storage tanks under heading 7311.00 were not eligible for Modvat credit as capital goods under Rule 57Q for the relevant period because the definition then applied only to goods specifically listed in the Table. The earlier ruling relied on by the assessee was inapplicable as it concerned a different version of the capital goods definition. On that basis, the tanks were held outside the specified categories, the challenge to the credit was upheld, and the issue was decided against the assessee. Case-Laws Central Excise Wed, 08 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105659