https://www.taxtmi.com/caselaws?id=73241 Central excise duty was chargeable only on removal of goods from the factory or approved storage, so plywood and other stock destroyed by fire while still inside the licensed premises did not attract duty. The loss was reported to the excise authorities, the destroyed goods were assessed, and the insurance records showed that the compensation did not include excise duty. Receipt of insurance compensation could not create a duty liability where none had arisen under the rule. The excise demand was therefore not sustainable and was set aside in favour of the assessee. en-us Tue, 13 Jan 1987 00:00:00 +0530 Mon, 30 May 2011 15:30:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73241 Central excise duty was chargeable only on removal of goods from the factory or approved storage, so plywood and other stock destroyed by fire while still inside the licensed premises did not attract duty. The loss was reported to the excise authorities, the destroyed goods were assessed, and the insurance records showed that the compensation did not include excise duty. Receipt of insurance compensation could not create a duty liability where none had arisen under the rule. The excise demand was therefore not sustainable and was set aside in favour of the assessee. Case-Laws Central Excise Tue, 13 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73241