https://www.taxtmi.com/caselaws?id=375215 The Tribunal re-determined the Annual Capacity of Production (ACP) for an Induction Furnace and Re-rolling Mill at 1/3rd and 2/3rd capacity, respectively, due to constraints faced by the appellant. The ACP was set at 1211MT and 1544MT. The issue of differential duty payment was remanded for recalculation, with only the differential duty payable, excluding interest and penalty based on a Supreme Court decision. The appeals were disposed of with the decision to re-fix the ACP based on actual production capacity and the exclusion of interest and penalty. en-us Thu, 10 Jan 2019 00:00:00 +0530 Sat, 16 Feb 2019 06:28:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375215 The Tribunal re-determined the Annual Capacity of Production (ACP) for an Induction Furnace and Re-rolling Mill at 1/3rd and 2/3rd capacity, respectively, due to constraints faced by the appellant. The ACP was set at 1211MT and 1544MT. The issue of differential duty payment was remanded for recalculation, with only the differential duty payable, excluding interest and penalty based on a Supreme Court decision. The appeals were disposed of with the decision to re-fix the ACP based on actual production capacity and the exclusion of interest and penalty. Case-Laws Central Excise Thu, 10 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375215