https://www.taxtmi.com/caselaws?id=93996 Under the induction furnace self-assessment scheme, an assessee could not seek redetermination on actual production for a prior period after electing the capacity-based scheme, but could opt out for a subsequent period and obtain fresh determination of annual capacity from that point onward; the request effective from 1-6-98 was therefore accepted only for the later period. Where the relevant capacity rule required adoption of the authenticated manufacturer's invoice and the invoice showed furnace capacity as 3000 kgs, that document was the proper basis for determination and the Revenue's alternative estimate could not be preferred. The matter was remanded for fresh capacity determination from 1-6-98. en-us Wed, 16 Aug 2000 00:00:00 +0530 Tue, 21 May 2019 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93996 Under the induction furnace self-assessment scheme, an assessee could not seek redetermination on actual production for a prior period after electing the capacity-based scheme, but could opt out for a subsequent period and obtain fresh determination of annual capacity from that point onward; the request effective from 1-6-98 was therefore accepted only for the later period. Where the relevant capacity rule required adoption of the authenticated manufacturer's invoice and the invoice showed furnace capacity as 3000 kgs, that document was the proper basis for determination and the Revenue's alternative estimate could not be preferred. The matter was remanded for fresh capacity determination from 1-6-98. Case-Laws Central Excise Wed, 16 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93996