https://www.taxtmi.com/caselaws?id=164622 Glass bottles and crates used in a captive soft drink bottling process were treated as fixed capital investment because the statutory definition extended beyond plant and machinery to apparatus necessary for running the factory; the items were indispensable to collection, containment and handling of the finished product, so they qualified under the U.P. Trade Tax Act. The Tribunal's interference with the review order extending the exemption period from ten to fifteen years was also unsustainable because that part of the order was unchallenged and lacked supporting reasons. The assessee's exemption, including the treatment of bottles and crates as fixed capital investment, was upheld. en-us Tue, 19 Jan 2010 00:00:00 +0530 Fri, 17 Oct 2014 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164622 Glass bottles and crates used in a captive soft drink bottling process were treated as fixed capital investment because the statutory definition extended beyond plant and machinery to apparatus necessary for running the factory; the items were indispensable to collection, containment and handling of the finished product, so they qualified under the U.P. Trade Tax Act. The Tribunal's interference with the review order extending the exemption period from ten to fifteen years was also unsustainable because that part of the order was unchallenged and lacked supporting reasons. The assessee's exemption, including the treatment of bottles and crates as fixed capital investment, was upheld. Case-Laws VAT and Sales Tax Tue, 19 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164622