https://www.taxtmi.com/caselaws?id=119769 The Tribunal allowed the appeal, granting remission of duty under Section 23(1) of the Customs Act, 1962, for goods destroyed in a fire accident. It determined that all conditions for remission were met, as the goods were not cleared for home consumption, and no pilferage was involved. The Tribunal dismissed the Commissioner's arguments regarding warehoused goods and irrelevant Notifications, concluding that the discrepancy between the insurance claim and Customs declaration was not a valid basis for denial. Consequently, the appellants, a 100% EOU, received consequential relief for the duty paid on the destroyed goods. en-us Fri, 23 Jun 2006 00:00:00 +0530 Sat, 08 Jun 2024 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119769 The Tribunal allowed the appeal, granting remission of duty under Section 23(1) of the Customs Act, 1962, for goods destroyed in a fire accident. It determined that all conditions for remission were met, as the goods were not cleared for home consumption, and no pilferage was involved. The Tribunal dismissed the Commissioner's arguments regarding warehoused goods and irrelevant Notifications, concluding that the discrepancy between the insurance claim and Customs declaration was not a valid basis for denial. Consequently, the appellants, a 100% EOU, received consequential relief for the duty paid on the destroyed goods. Case-Laws Customs Fri, 23 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119769