https://www.taxtmi.com/caselaws?id=210252 The appeal was successful as the court found the denial of remission of Central Excise duty on molasses unjustified. The Commissioner's order imposing penalties was set aside, emphasizing that the weight and volume calculations were approximate, and the Board's guidelines allowed condonation of up to 2% storage loss. The court highlighted the appellants' compliance with procedures and timely intimation of storage loss, distinguishing the case from previous rulings. Ultimately, the appeal was allowed, granting relief to the appellants based on the specific circumstances and applicable laws. en-us Tue, 14 Jun 2011 00:00:00 +0530 Thu, 22 Nov 2012 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210252 The appeal was successful as the court found the denial of remission of Central Excise duty on molasses unjustified. The Commissioner's order imposing penalties was set aside, emphasizing that the weight and volume calculations were approximate, and the Board's guidelines allowed condonation of up to 2% storage loss. The court highlighted the appellants' compliance with procedures and timely intimation of storage loss, distinguishing the case from previous rulings. Ultimately, the appeal was allowed, granting relief to the appellants based on the specific circumstances and applicable laws. Case-Laws Central Excise Tue, 14 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210252