2016 (6) TMI 606

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..... that:- The storage tanks are used for storing petroleum products. It is compulsory for the appellant to have these tanks kept under the earth as safety measure. This does not make a storage tank a civil structure. The product that is stored in these tanks are extremely dangerous and there are statutory norms to be followed while transferring, carrying or storing petroleum products. The appellant h .....

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..... intenance of storage tanks used for storing petroleum products. 2. The respondents who are manufacturers of petroleum products availed credit of Ms items (HR plates/sheets) used for repair and maintenance of storage tanks. The department entrained the view that the impugned goods are not covered by the definition of "inputs" as they were used in the installation of huge tanks embedded to earth a .....

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..... r the earth as safety measure. This does not make a storage tank a civil structure. The product that is stored in these tanks are extremely dangerous and there are statutory norms to be followed while transferring, carrying or storing petroleum products. The appellant has to abide by standards/guidelines issued by Oil Industry & Safety Directorate. The product manufactured has to be stored in meta .....

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