https://www.taxtmi.com/caselaws?id=110549 The Appellate Tribunal upheld the decision of the Commissioner (Appeals) to allow Modvat credit on the Cylindrical Vertical HDPE Tanks as capital goods. The Tribunal found that the tanks were essential accessories to the main processing plant, used for measuring chemicals/liquids and connected to mixing tanks. As these tanks played a crucial role in the manufacturing process, the appeal filed by the Revenue was rejected, confirming the classification under Tariff Heading 8479.90. en-us Thu, 13 Nov 2003 00:00:00 +0530 Tue, 17 Apr 2012 14:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110549 The Appellate Tribunal upheld the decision of the Commissioner (Appeals) to allow Modvat credit on the Cylindrical Vertical HDPE Tanks as capital goods. The Tribunal found that the tanks were essential accessories to the main processing plant, used for measuring chemicals/liquids and connected to mixing tanks. As these tanks played a crucial role in the manufacturing process, the appeal filed by the Revenue was rejected, confirming the classification under Tariff Heading 8479.90. Case-Laws Central Excise Thu, 13 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110549