https://www.taxtmi.com/caselaws?id=244227 The Tribunal allowed the appeal, setting aside the denial of remission of duty under Rule 21 for Central Excise Rules, 2002, due to goods destroyed in a fire accident. Relying on precedent cases, the Tribunal held that there was no requirement to reverse the credit on inputs used in manufacturing final products lost to natural causes. The Tribunal emphasized the lack of contradictory decisions to challenge the settled legal position, ultimately granting the appeal and providing any necessary consequential relief. en-us Thu, 26 Dec 2013 00:00:00 +0530 Fri, 21 Feb 2014 06:13:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244227 The Tribunal allowed the appeal, setting aside the denial of remission of duty under Rule 21 for Central Excise Rules, 2002, due to goods destroyed in a fire accident. Relying on precedent cases, the Tribunal held that there was no requirement to reverse the credit on inputs used in manufacturing final products lost to natural causes. The Tribunal emphasized the lack of contradictory decisions to challenge the settled legal position, ultimately granting the appeal and providing any necessary consequential relief. Case-Laws Central Excise Thu, 26 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244227