https://www.taxtmi.com/caselaws?id=248360 The Tribunal ruled in favor of the appellant, a company with a private bonded warehouse, in an appeal regarding remission of customs duty on imported goods damaged by floods. The Asstt. Commissioner's decision to grant remission of duty amounting to Rs. 41,83,281 under the Customs Act was upheld, as the department did not contest it. The Tribunal held that the remission orders had become final and separate from the insurance claim settlement, ordering the refund of the remitted duty amount received from the insurance company to the appellant. en-us Thu, 13 Dec 2012 00:00:00 +0530 Tue, 10 Jun 2014 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248360 The Tribunal ruled in favor of the appellant, a company with a private bonded warehouse, in an appeal regarding remission of customs duty on imported goods damaged by floods. The Asstt. Commissioner's decision to grant remission of duty amounting to Rs. 41,83,281 under the Customs Act was upheld, as the department did not contest it. The Tribunal held that the remission orders had become final and separate from the insurance claim settlement, ordering the refund of the remitted duty amount received from the insurance company to the appellant. Case-Laws Customs Thu, 13 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248360