https://www.taxtmi.com/caselaws?id=214749 Remission of duty was treated as available for molasses that deteriorated in storage and became unfit for consumption, where the loss occurred for reasons beyond the assessee's control and there was no unauthorized removal. The statutory remission scheme under the Central Excise Rules was held to prevail over a Board circular and bond condition requiring duty payment on loss or damage. Consistent remission on substantially similar facts for other seasons also supported the conclusion that disallowance for the disputed years was unsustainable. Remission was therefore allowed and the duty disallowance was set aside. en-us Tue, 17 Apr 2012 00:00:00 +0530 Mon, 05 Aug 2013 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214749 Remission of duty was treated as available for molasses that deteriorated in storage and became unfit for consumption, where the loss occurred for reasons beyond the assessee's control and there was no unauthorized removal. The statutory remission scheme under the Central Excise Rules was held to prevail over a Board circular and bond condition requiring duty payment on loss or damage. Consistent remission on substantially similar facts for other seasons also supported the conclusion that disallowance for the disputed years was unsustainable. Remission was therefore allowed and the duty disallowance was set aside. Case-Laws Central Excise Tue, 17 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214749