https://www.taxtmi.com/caselaws?id=123119 Remission of molasses loss could not be refused where the reported storage loss was within the 2% limit treated as condonable under the Board circular dated 18-7-1983 for molasses stored in kuchha pits or steel tanks. Because the claimed loss fell within that prescribed tolerance, the explanation for the loss was not liable to be rejected merely on the ground that the cause had not been satisfactorily established in the impugned order. The rejection of remission was therefore unsustainable, and relief was granted to the assessee. en-us Tue, 13 Nov 2007 00:00:00 +0530 Thu, 06 Sep 2012 16:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123119 Remission of molasses loss could not be refused where the reported storage loss was within the 2% limit treated as condonable under the Board circular dated 18-7-1983 for molasses stored in kuchha pits or steel tanks. Because the claimed loss fell within that prescribed tolerance, the explanation for the loss was not liable to be rejected merely on the ground that the cause had not been satisfactorily established in the impugned order. The rejection of remission was therefore unsustainable, and relief was granted to the assessee. Case-Laws Central Excise Tue, 13 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123119