https://www.taxtmi.com/caselaws?id=76506 Remission of duty is allowable for finished goods destroyed by flood where the loss is satisfactorily proved by evidence such as a surveyor's report and local authority certification. Allegations of negligence and receipt of insurance proceeds do not, by themselves, displace a factual finding of destruction by inundation. A precedent under the earlier excise rule was held inapplicable because the claim arose under Rule 21 of the Central Excise Rules, 2002. On the evidence, the remission claim stood established and the assessee succeeded. en-us Tue, 13 Oct 2009 00:00:00 +0530 Tue, 29 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76506 Remission of duty is allowable for finished goods destroyed by flood where the loss is satisfactorily proved by evidence such as a surveyor's report and local authority certification. Allegations of negligence and receipt of insurance proceeds do not, by themselves, displace a factual finding of destruction by inundation. A precedent under the earlier excise rule was held inapplicable because the claim arose under Rule 21 of the Central Excise Rules, 2002. On the evidence, the remission claim stood established and the assessee succeeded. Case-Laws Central Excise Tue, 13 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76506