https://www.taxtmi.com/caselaws?id=73524 Removal of excisable goods for export in bond under the Central Excise Rules, 1944 operated only as a conditional postponement of duty, not as a substantive exemption. Where export was not completed because the goods were destroyed by fire after removal from the factory, duty remained demandable unless the rules expressly provided remission. The bond executed under Rule 14 was only supplementary security and could not override the statutory liability under Rule 14-A. Proviso (c) to Rule 14-A was limited to preventing penal action where goods were satisfactorily accounted for; it did not waive duty. Insurance recovery was separate and had no effect on excise liability. en-us Fri, 15 May 1987 00:00:00 +0530 Wed, 01 Jun 2011 16:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73524 Removal of excisable goods for export in bond under the Central Excise Rules, 1944 operated only as a conditional postponement of duty, not as a substantive exemption. Where export was not completed because the goods were destroyed by fire after removal from the factory, duty remained demandable unless the rules expressly provided remission. The bond executed under Rule 14 was only supplementary security and could not override the statutory liability under Rule 14-A. Proviso (c) to Rule 14-A was limited to preventing penal action where goods were satisfactorily accounted for; it did not waive duty. Insurance recovery was separate and had no effect on excise liability. Case-Laws Central Excise Fri, 15 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73524