https://www.taxtmi.com/caselaws?id=84141 Installed capacity for exemption under Notification No. 128/77 had to be determined by the capacity of the equipment installed in the paper mill, as ordinarily reflected by competent governmental recognition or certification, not by actual production or maximum monthly output. The Tribunal held that installed capacity could not be equated with working capacity and that actual production may be higher or lower than installed capacity, so sustained production figures were an unsafe basis for fixing the threshold. On that basis, the finding that the unit exceeded 2000 MT per annum was not sustainable and the Revenue's appeal failed. en-us Wed, 22 Mar 1995 00:00:00 +0530 Wed, 20 Jul 2011 10:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84141 Installed capacity for exemption under Notification No. 128/77 had to be determined by the capacity of the equipment installed in the paper mill, as ordinarily reflected by competent governmental recognition or certification, not by actual production or maximum monthly output. The Tribunal held that installed capacity could not be equated with working capacity and that actual production may be higher or lower than installed capacity, so sustained production figures were an unsafe basis for fixing the threshold. On that basis, the finding that the unit exceeded 2000 MT per annum was not sustainable and the Revenue's appeal failed. Case-Laws Central Excise Wed, 22 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84141