https://www.taxtmi.com/caselaws?id=95508 The Hot Rerolling Steel Mills Annual Capacity Determination Rules, 1997 required annual capacity to be determined on the statutory formula, and a revised value of parameter 'd' had to be given effect. The relevant factor was the centre distance of the pinion in the pinion stand, so redetermination could not be refused merely because the mill's actual production remained substantially unchanged. The inquiry was confined to the formula prescribed by the Rules, not to post-change output, and reduction in parameter 'd' therefore entitled the assessee to redetermination of annual capacity. en-us Wed, 14 Feb 2001 00:00:00 +0530 Tue, 13 Dec 2011 10:29:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95508 The Hot Rerolling Steel Mills Annual Capacity Determination Rules, 1997 required annual capacity to be determined on the statutory formula, and a revised value of parameter 'd' had to be given effect. The relevant factor was the centre distance of the pinion in the pinion stand, so redetermination could not be refused merely because the mill's actual production remained substantially unchanged. The inquiry was confined to the formula prescribed by the Rules, not to post-change output, and reduction in parameter 'd' therefore entitled the assessee to redetermination of annual capacity. Case-Laws Central Excise Wed, 14 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95508