https://www.taxtmi.com/circulars?id=6875 The Board accepted CEGAT's view that deteriorated molasses in katcha pits may be destroyed with duty remission under Rule 49, but, following Law Ministry advice that CEGAT left bond encashment open, directed Collectors to enforce B.2 bonds by appropriate means, including civil suits. The Board withdrew its earlier permission for storage of molasses in katcha pits and rescinded the prior instructions authorising such storage. en-us Mon, 01 Aug 1988 00:00:00 +0530 Wed, 08 Jul 2009 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6875 The Board accepted CEGAT's view that deteriorated molasses in katcha pits may be destroyed with duty remission under Rule 49, but, following Law Ministry advice that CEGAT left bond encashment open, directed Collectors to enforce B.2 bonds by appropriate means, including civil suits. The Board withdrew its earlier permission for storage of molasses in katcha pits and rescinded the prior instructions authorising such storage. Circulars Central Excise Mon, 01 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6875