https://www.taxtmi.com/caselaws?id=248513 Goods stored in a private bonded warehouse were destroyed by fire, and remission was sought under the Customs Act and Central Excise Rules. The tribunal held that the absence of comprehensive insurance in favour of the customs or excise authority, as contemplated by the Customs Manual, meant a complete waiver of pre-deposit was not prima facie justified. The facts, however, warranted partial relief. Pre-deposit was therefore limited to the amount directed, while waiver of the balance dues and stay of recovery during the appeals were granted. en-us Tue, 08 Oct 2013 00:00:00 +0530 Sat, 14 Jun 2014 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248513 Goods stored in a private bonded warehouse were destroyed by fire, and remission was sought under the Customs Act and Central Excise Rules. The tribunal held that the absence of comprehensive insurance in favour of the customs or excise authority, as contemplated by the Customs Manual, meant a complete waiver of pre-deposit was not prima facie justified. The facts, however, warranted partial relief. Pre-deposit was therefore limited to the amount directed, while waiver of the balance dues and stay of recovery during the appeals were granted. Case-Laws Customs Tue, 08 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248513