https://www.taxtmi.com/caselaws?id=220341 The Tribunal ruled in favor of the respondents, allowing remission of duty on goods destroyed in a fire before physical clearance for home consumption. The Tribunal upheld the entitlement to remission of duty even when goods are destroyed before physical clearance, based on the provisions of the Customs Act and a High Court judgment. Additionally, the Tribunal dismissed the Revenue's argument against granting dual benefit on duty paid amount, emphasizing that being insured does not prevent the respondents from seeking remission of duty. en-us Wed, 08 Aug 2012 00:00:00 +0530 Sat, 12 Jan 2013 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220341 The Tribunal ruled in favor of the respondents, allowing remission of duty on goods destroyed in a fire before physical clearance for home consumption. The Tribunal upheld the entitlement to remission of duty even when goods are destroyed before physical clearance, based on the provisions of the Customs Act and a High Court judgment. Additionally, the Tribunal dismissed the Revenue's argument against granting dual benefit on duty paid amount, emphasizing that being insured does not prevent the respondents from seeking remission of duty. Case-Laws Customs Wed, 08 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220341