https://www.taxtmi.com/caselaws?id=261538 Rule 5 of the Hot Rerolling Mills Annual Capacity Determination Rules, 1997 could not be applied retrospectively to declarations already filed under Rule 3(1) before its insertion on 1 September 1997. Where the assessee had submitted the Rule 3 declaration on 18 August 1997 and the relevant change in nominal centre distance had also occurred before the Rules became operative, annual capacity had to be determined only under the Rule 3(3) formula. The later amendment could not override the earlier declaration, and the impugned capacity determination based on Rule 5 was unsustainable. en-us Thu, 25 Jun 2015 00:00:00 +0530 Fri, 12 Feb 2016 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261538 Rule 5 of the Hot Rerolling Mills Annual Capacity Determination Rules, 1997 could not be applied retrospectively to declarations already filed under Rule 3(1) before its insertion on 1 September 1997. Where the assessee had submitted the Rule 3 declaration on 18 August 1997 and the relevant change in nominal centre distance had also occurred before the Rules became operative, annual capacity had to be determined only under the Rule 3(3) formula. The later amendment could not override the earlier declaration, and the impugned capacity determination based on Rule 5 was unsustainable. Case-Laws Central Excise Thu, 25 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261538