https://www.taxtmi.com/caselaws?id=40225 In a deferred sales tax scheme, the meaning of "plant" was read in the context of fixed capital investment and manufacturing function, so articles used mainly for storage or packing of finished goods were not treated as plant. On that approach, bottles and crates used by a soft drinks manufacturer were excluded from fixed capital investment for deferment benefit. Government notifications and circulars excluding such items from plant and machinery were treated as relevant to eligibility assessment, and the administrative exclusion was not displaced on the material presented. The resulting position was that bottles and crates could not be counted for deferment purposes. en-us Wed, 18 Nov 1998 00:00:00 +0530 Thu, 17 Jul 2014 08:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40225 In a deferred sales tax scheme, the meaning of "plant" was read in the context of fixed capital investment and manufacturing function, so articles used mainly for storage or packing of finished goods were not treated as plant. On that approach, bottles and crates used by a soft drinks manufacturer were excluded from fixed capital investment for deferment benefit. Government notifications and circulars excluding such items from plant and machinery were treated as relevant to eligibility assessment, and the administrative exclusion was not displaced on the material presented. The resulting position was that bottles and crates could not be counted for deferment purposes. Case-Laws VAT and Sales Tax Wed, 18 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40225