https://www.taxtmi.com/caselaws?id=247864 The Court upheld the penalty imposed by the Tribunal under Rule 96ZP(1) of the Central Excise Rules, 1944, due to discrepancies in declared production capacity factors. Despite arguments against the penalty amount, the Court found it appropriate given the circumstances and affirmed the decision, emphasizing the importance of accurate declarations and compliance with regulatory requirements in determining production capacity factors. en-us Mon, 12 Sep 2011 00:00:00 +0530 Sun, 25 May 2014 13:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247864 The Court upheld the penalty imposed by the Tribunal under Rule 96ZP(1) of the Central Excise Rules, 1944, due to discrepancies in declared production capacity factors. Despite arguments against the penalty amount, the Court found it appropriate given the circumstances and affirmed the decision, emphasizing the importance of accurate declarations and compliance with regulatory requirements in determining production capacity factors. Case-Laws Central Excise Mon, 12 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247864