https://www.taxtmi.com/caselaws?id=91345 Compound levy and annual capacity determination were challenged on the basis that the statutory formula for assessing capacity had to be applied as prescribed, and the Revenue could not adopt a different basis by treating the change in parameters as ineffective. The reduction in centre distance between pinions was verified, while the dispute over the use of wobblers and its effect on finishing rollers did not displace the prescribed assessment method. On that material, the matter disclosed a strong prima facie case and financial hardship, so unconditional stay of recovery and waiver of pre-deposit were granted. en-us Mon, 01 Feb 1999 00:00:00 +0530 Mon, 17 Oct 2011 14:34:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91345 Compound levy and annual capacity determination were challenged on the basis that the statutory formula for assessing capacity had to be applied as prescribed, and the Revenue could not adopt a different basis by treating the change in parameters as ineffective. The reduction in centre distance between pinions was verified, while the dispute over the use of wobblers and its effect on finishing rollers did not displace the prescribed assessment method. On that material, the matter disclosed a strong prima facie case and financial hardship, so unconditional stay of recovery and waiver of pre-deposit were granted. Case-Laws Central Excise Mon, 01 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91345