https://www.taxtmi.com/caselaws?id=253935 The case involved issues regarding the recovery of Modvat credit, duty, and Cenvat credit on goods destroyed by fire. The Tribunal and Commissioner (Appeals) allowed appeals by the assessee based on proper documentation, including Insurance certificates clarifying the non-inclusion of duty element in claimed credits. The judgments emphasized compliance with legal provisions and Circulars, permitting remission of duty on final products even if credits were availed on inputs. The decisions were supported by relevant case laws and High Court judgments, leading to the rejection of Revenue's appeals due to lack of contrary evidence against Insurance certificates. en-us Fri, 02 May 2014 00:00:00 +0530 Thu, 15 Jan 2015 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253935 The case involved issues regarding the recovery of Modvat credit, duty, and Cenvat credit on goods destroyed by fire. The Tribunal and Commissioner (Appeals) allowed appeals by the assessee based on proper documentation, including Insurance certificates clarifying the non-inclusion of duty element in claimed credits. The judgments emphasized compliance with legal provisions and Circulars, permitting remission of duty on final products even if credits were availed on inputs. The decisions were supported by relevant case laws and High Court judgments, leading to the rejection of Revenue's appeals due to lack of contrary evidence against Insurance certificates. Case-Laws Central Excise Fri, 02 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253935