https://www.taxtmi.com/caselaws?id=107740 Rule 5 of the Hot Re-rolling Steel Mills Annual Capacity Determination Rules, 1997 was held inapplicable where a re-rolling mill's capacity was redetermined after a change in its parameters. The Tribunal followed binding Larger Bench and jurisdictional High Court precedent, which required the annual capacity to be assessed on the basis of the revised parameters actually in force, rather than pegging it to the mill's actual production for the 1996-97 financial year. Applying judicial discipline, the redetermination was to be made accordingly, in favour of the assessee. en-us Fri, 04 Jul 2003 00:00:00 +0530 Mon, 26 Mar 2012 12:43:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107740 Rule 5 of the Hot Re-rolling Steel Mills Annual Capacity Determination Rules, 1997 was held inapplicable where a re-rolling mill's capacity was redetermined after a change in its parameters. The Tribunal followed binding Larger Bench and jurisdictional High Court precedent, which required the annual capacity to be assessed on the basis of the revised parameters actually in force, rather than pegging it to the mill's actual production for the 1996-97 financial year. Applying judicial discipline, the redetermination was to be made accordingly, in favour of the assessee. Case-Laws Central Excise Fri, 04 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107740