Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2002 (8) TMI 180

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... M/s. Aditya Steel Industries Limited is whether the capacity of the Stand-By Mill has to be taken into consideration while determining the Annual Capacity of Production. 2. Though the matter is listed only for hearing the Stay Petition, we take up the appeal itself for disposal, after granting the stay of the recovery. 3. Shri N.C. Mitra, learned Consultant, submitted that the appellants manuf .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... has one transformer and one electrical panel or otherwise. He, further, submitted that the Board vide Circular No. 326/42/97-CX, dated 25-7-97 has mentioned that the scheme for re-rolling mills, in general terms, is on the same lines as that for the induction furnace units and, therefore, the explanation on some of the common features of both the schemes are the same as contained in Circular No. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... common features were noticed by the Board in respect of the re-rolling mills and induction furnace mills and the clarification issued in respect of induction furnace unit was made applicable to the re-rolling mills. They also mentioned that the Circulars were brought to the notice of the Commissioner in their written submission submitted at the time of personal hearing. 5. We have considered th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... power supply in their plant with one transformer and the transformer capacity and the load contact did not permit technically both the units to run simultaneously. This averment of the appellants has not been controverted by the adjudicating authority in the impugned order, nor any material has been brought before us to controvert the same. Accordingly, we agree with the learned Consultant that th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates