https://www.taxtmi.com/caselaws?id=256702 An existing induction furnace unit under the compounded levy scheme may qualify for exemption under Notification No. 50/03-CE where substantial expansion raises installed capacity by more than 25%. The material indicated that crucible capacity increased from 3 M.T. to 4.1 M.T., and the expansion was not negated merely because additional machinery was not separately emphasised; purchase records and tax authority entries supported the acquisition of components. A prior precedent treating modernization that results in a 25% or more increase in installed capacity as substantial expansion was relied on. On that basis, the exemption remained available and duty demand and penalties were unsustainable. en-us Wed, 14 Jan 2015 00:00:00 +0530 Fri, 07 Aug 2015 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256702 An existing induction furnace unit under the compounded levy scheme may qualify for exemption under Notification No. 50/03-CE where substantial expansion raises installed capacity by more than 25%. The material indicated that crucible capacity increased from 3 M.T. to 4.1 M.T., and the expansion was not negated merely because additional machinery was not separately emphasised; purchase records and tax authority entries supported the acquisition of components. A prior precedent treating modernization that results in a 25% or more increase in installed capacity as substantial expansion was relied on. On that basis, the exemption remained available and duty demand and penalties were unsustainable. Case-Laws Central Excise Wed, 14 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256702