https://www.taxtmi.com/caselaws?id=51352 Assessees covered by the compound levy scheme could opt out and seek redetermination of duty on an actual production basis under Section 3A(4) of the Central Excise Act. The Tribunal applied the governing Supreme Court principle and held that the Commissioner had to consider the assessees' repeated options from the dates they were exercised, rather than continue liability under Rule 96ZO(3). The impugned orders fastening duty under the compound levy mechanism were set aside, and the matter was remanded for fresh determination after hearing the assessees. en-us Mon, 07 Jan 2002 00:00:00 +0530 Fri, 24 Sep 2010 12:49:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51352 Assessees covered by the compound levy scheme could opt out and seek redetermination of duty on an actual production basis under Section 3A(4) of the Central Excise Act. The Tribunal applied the governing Supreme Court principle and held that the Commissioner had to consider the assessees' repeated options from the dates they were exercised, rather than continue liability under Rule 96ZO(3). The impugned orders fastening duty under the compound levy mechanism were set aside, and the matter was remanded for fresh determination after hearing the assessees. Case-Laws Central Excise Mon, 07 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51352