https://www.taxtmi.com/caselaws?id=121998 M.S. plates used to fabricate storage tanks for molasses were not eligible for capital goods credit under Rule 57Q because the tanks were used only for storage of a by-product and did not themselves function as goods used in producing or processing final products. The later broader tariff-based amendment and the subsequent inclusion of storage tanks from 1-3-2001 did not apply retrospectively to the disputed periods. The alternative claim for input duty credit also failed because the tanks were not accepted as part of the manufacturing plant on the facts found. en-us Mon, 20 Jun 2005 00:00:00 +0530 Tue, 07 Aug 2012 18:02:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121998 M.S. plates used to fabricate storage tanks for molasses were not eligible for capital goods credit under Rule 57Q because the tanks were used only for storage of a by-product and did not themselves function as goods used in producing or processing final products. The later broader tariff-based amendment and the subsequent inclusion of storage tanks from 1-3-2001 did not apply retrospectively to the disputed periods. The alternative claim for input duty credit also failed because the tanks were not accepted as part of the manufacturing plant on the facts found. Case-Laws Central Excise Mon, 20 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121998