https://www.taxtmi.com/caselaws?id=325592 Annual capacity under the compounded levy scheme must be determined on the basis of furnace capacity actually installed and put to use, not on equipment merely present in the factory. A sealed, uninstalled, and non-operational furnace could not be counted in computing annual production capacity. On the admitted facts that the 3.0 MT furnace remained sealed and unused, its inclusion in the capacity computation was unsustainable, and the reassessment fixing capacity at 3.4 MT was upheld in favour of the assessee. en-us Tue, 17 Nov 2015 00:00:00 +0530 Mon, 13 Feb 2017 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325592 Annual capacity under the compounded levy scheme must be determined on the basis of furnace capacity actually installed and put to use, not on equipment merely present in the factory. A sealed, uninstalled, and non-operational furnace could not be counted in computing annual production capacity. On the admitted facts that the 3.0 MT furnace remained sealed and unused, its inclusion in the capacity computation was unsustainable, and the reassessment fixing capacity at 3.4 MT was upheld in favour of the assessee. Case-Laws Central Excise Tue, 17 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325592