2003 (4) TMI 445 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT in New Delhi dismissed the appeal filed by the appellants against the Commissioner of Central Excise's order. The appellants, engaged in manufacturing M.S. ingots, were using an induction furnace and paying central excise duty under the Compounded Levy Scheme. The request to change the annual production capacity basis was not accepted as per the rules. The Tribunal upheld the decision citing a Supreme Court case that a manufacturer cannot switch payment methods within the same financial year.