https://www.taxtmi.com/caselaws?id=221468 Where the governing circular permits condonation of molasses storage loss up to 2% and does not require tank-wise computation, remission must be examined on the aggregate storage loss across all tanks and pits. The Tribunal treated the earlier view on total stock shortage as the correct approach and held that the later contrary view could not displace it. As the aggregate loss remained within the permissible limit and there was no evidence of clearance of molasses, duty demand was unsustainable and remission was available on the total-loss basis. en-us Fri, 14 Sep 2012 00:00:00 +0530 Wed, 13 Mar 2013 11:17:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221468 Where the governing circular permits condonation of molasses storage loss up to 2% and does not require tank-wise computation, remission must be examined on the aggregate storage loss across all tanks and pits. The Tribunal treated the earlier view on total stock shortage as the correct approach and held that the later contrary view could not displace it. As the aggregate loss remained within the permissible limit and there was no evidence of clearance of molasses, duty demand was unsustainable and remission was available on the total-loss basis. Case-Laws Central Excise Fri, 14 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221468