Remission of duty for natural loss: specified volatile and liquid goods become eligible when deposited in a warehouse. Specification of goods eligible for remission of duty on account of natural loss when deposited in a warehouse: volatile and liquid commodities kept in tanks or containers (including aviation fuel, motor spirit, mineral turpentine, acetone, menthol, raw naphtha, vaporising oil, kerosene, high speed diesel oil, batching oil, diesel oil, furnace oil, Ethylene Dichloride and liquid helium gas) and wine, spirit and beer kept in casks.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Remission of duty for natural loss: specified volatile and liquid goods become eligible when deposited in a warehouse.
Specification of goods eligible for remission of duty on account of natural loss when deposited in a warehouse: volatile and liquid commodities kept in tanks or containers (including aviation fuel, motor spirit, mineral turpentine, acetone, menthol, raw naphtha, vaporising oil, kerosene, high speed diesel oil, batching oil, diesel oil, furnace oil, Ethylene Dichloride and liquid helium gas) and wine, spirit and beer kept in casks.
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