https://www.taxtmi.com/caselaws?id=211582 Cenvat/Modvat credit on inputs used to construct storage tanks employed in the manufacturing process was held admissible, because the tanks functioned as part of the factory machinery for storing water, syrup and molasses. Their erection on a concrete base and embedding in the earth did not by itself disqualify credit. The later specific inclusion of storage tanks in the definition of capital goods was treated as clarificatory, and the pre-amendment position was read liberally in favour of credit. en-us Fri, 08 Apr 2011 00:00:00 +0530 Fri, 22 Aug 2025 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211582 Cenvat/Modvat credit on inputs used to construct storage tanks employed in the manufacturing process was held admissible, because the tanks functioned as part of the factory machinery for storing water, syrup and molasses. Their erection on a concrete base and embedding in the earth did not by itself disqualify credit. The later specific inclusion of storage tanks in the definition of capital goods was treated as clarificatory, and the pre-amendment position was read liberally in favour of credit. Case-Laws Central Excise Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211582