https://www.taxtmi.com/caselaws?id=73328 The Tribunal allowed the appeal, permitting remission of duty on losses in transferred petroleum products under Section 23 of the Customs Act. It emphasized the natural causes of the losses and the absence of wrongdoing by the appellants, ordering the refund of duty paid. The Tribunal clarified that Section 70 did not apply to losses during transfer between warehouses, and upheld the validity of remission under Section 23 for losses due to natural causes, distinguishing it from Central Excise duty remission practices. The decision highlighted that duty collection should not automatically follow natural losses, especially when no negligence is involved. en-us Tue, 26 Jul 1983 00:00:00 +0530 Tue, 31 May 2011 11:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73328 The Tribunal allowed the appeal, permitting remission of duty on losses in transferred petroleum products under Section 23 of the Customs Act. It emphasized the natural causes of the losses and the absence of wrongdoing by the appellants, ordering the refund of duty paid. The Tribunal clarified that Section 70 did not apply to losses during transfer between warehouses, and upheld the validity of remission under Section 23 for losses due to natural causes, distinguishing it from Central Excise duty remission practices. The decision highlighted that duty collection should not automatically follow natural losses, especially when no negligence is involved. Case-Laws Customs Tue, 26 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73328