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    <title>2008 (6) TMI 494 - CESTAT, NEW DELHI</title>
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    <description>Remission of duty on molasses loss was allowed where the loss arose from storage and leakage during transfer and was treated as handling loss. The Tribunal held that the Trade Notice requirement to intimate the Range Superintendent within 24 hours did not apply to such losses, so delayed intimation could not defeat relief. It also relied on the Board circular stating that remission was admissible where such losses were below 2%. On that basis, the assessee&#039;s claim for remission was upheld and rejection on the ground of late intimation was found unsustainable.</description>
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      <title>2008 (6) TMI 494 - CESTAT, NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=124388</link>
      <description>Remission of duty on molasses loss was allowed where the loss arose from storage and leakage during transfer and was treated as handling loss. The Tribunal held that the Trade Notice requirement to intimate the Range Superintendent within 24 hours did not apply to such losses, so delayed intimation could not defeat relief. It also relied on the Board circular stating that remission was admissible where such losses were below 2%. On that basis, the assessee&#039;s claim for remission was upheld and rejection on the ground of late intimation was found unsustainable.</description>
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      <pubDate>Tue, 24 Jun 2008 00:00:00 +0530</pubDate>
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