https://www.taxtmi.com/circulars?id=6749 Modvat credit on mercury used in caustic soda manufacture is not permitted because the mercury functions as electrodes within the electrolysis system and is treated as machinery rather than an input; field formations should be notified and past cases settled accordingly. en-us Tue, 21 Mar 1989 00:00:00 +0530 Mon, 06 Jul 2009 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6749 Modvat credit on mercury used in caustic soda manufacture is not permitted because the mercury functions as electrodes within the electrolysis system and is treated as machinery rather than an input; field formations should be notified and past cases settled accordingly. Circulars Central Excise Tue, 21 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6749