https://www.taxtmi.com/caselaws?id=126688 Compounded levy duty and annual production capacity were required to be reworked on an actual production basis where the assessee's application remained pending and had not been finally disposed of before the Supreme Court's direction covering pending matters. The relief applied from the date accepted by the assessee, and the concessional rate linked to the earlier option was therefore unavailable. Once the demand was to be recomputed on the revised basis, the penalty could not be sustained and was held not maintainable. en-us Mon, 08 Jun 2009 00:00:00 +0530 Sat, 30 Mar 2013 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126688 Compounded levy duty and annual production capacity were required to be reworked on an actual production basis where the assessee's application remained pending and had not been finally disposed of before the Supreme Court's direction covering pending matters. The relief applied from the date accepted by the assessee, and the concessional rate linked to the earlier option was therefore unavailable. Once the demand was to be recomputed on the revised basis, the penalty could not be sustained and was held not maintainable. Case-Laws Central Excise Mon, 08 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126688