https://www.taxtmi.com/caselaws?id=76170 Remission of duty was recognised for finished goods destroyed in fire before removal under Rule 21 of the Central Excise Rules, and the condition requiring reversal or payment of CENVAT credit on inputs used in those goods was held invalid because the Larger Bench view in Grasim Industries applied; a later notification could not alter that position prospectively. The separate demand relating to inputs and packing materials allegedly destroyed in the fire was set aside for fresh adjudication because the liability and quantification had not been properly examined on the disputed record and required reconsideration in accordance with law and natural justice. en-us Fri, 24 Jul 2009 00:00:00 +0530 Sun, 13 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76170 Remission of duty was recognised for finished goods destroyed in fire before removal under Rule 21 of the Central Excise Rules, and the condition requiring reversal or payment of CENVAT credit on inputs used in those goods was held invalid because the Larger Bench view in Grasim Industries applied; a later notification could not alter that position prospectively. The separate demand relating to inputs and packing materials allegedly destroyed in the fire was set aside for fresh adjudication because the liability and quantification had not been properly examined on the disputed record and required reconsideration in accordance with law and natural justice. Case-Laws Central Excise Fri, 24 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76170