https://www.taxtmi.com/caselaws?id=51513 Annual production capacity of an induction furnace is to be determined on the furnace capacity and relevant material under Rule 3 of the Induction Furnace Annual Capacity Determination Rules, 1997; sanctioned electricity load is not the statutory basis for reducing capacity. As the assessee had admitted 3.2 MT capacity in correspondence and supporting documents, the plea for re-fixation at 2.6 MT on the basis of 1300 KW load was rejected. A request for remand and fresh measurement was also declined because no genuine dispute on furnace capacity remained. en-us Fri, 03 May 2002 00:00:00 +0530 Sat, 25 Sep 2010 12:04:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51513 Annual production capacity of an induction furnace is to be determined on the furnace capacity and relevant material under Rule 3 of the Induction Furnace Annual Capacity Determination Rules, 1997; sanctioned electricity load is not the statutory basis for reducing capacity. As the assessee had admitted 3.2 MT capacity in correspondence and supporting documents, the plea for re-fixation at 2.6 MT on the basis of 1300 KW load was rejected. A request for remand and fresh measurement was also declined because no genuine dispute on furnace capacity remained. Case-Laws Central Excise Fri, 03 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51513