Recently fire accident occurred in our plant.

[Nitin Sonwane]

Sir,

Now my question is.

What is the producer in the fire accident in our plant, fire loss is excise able finish goods.

and you also please advice me for what is the time limit of said reversal.

Please reply

Thanking you.

Nitin Sonwane

AI Summary

Remission of duty requires reversal of CENVAT credit for excisable goods destroyed by fire; assessee bears burden to prove accident.
If remission of duty on excisable goods destroyed by fire is sought under the Central Excise framework, the CENVAT credit taken on inputs and input services used in manufacture of those goods must be reversed; claimants must obtain departmental permission for destruction and bear the onus to prove the fire was natural, unavoidable and beyond their control, with procedural guidance in the CBEC Manual.