https://www.taxtmi.com/caselaws?id=255290 The Tribunal held that burning loss arising in a manufacturing process in a custom bonded warehouse is not liable to custom duty under section 65(2)(b) of the Customs Act, 1962. It determined that the burning loss, being consumed in the process and not physically cleared from the warehouse, does not fall under the provision for duty levy on waste and scrap cleared for home consumption. The Tribunal distinguished a previous judgment involving physical waste and scrap, emphasizing that the burning loss in this case was not visible waste. Consequently, the lower appellate authority's decision to impose duty on burning loss was deemed legally unsustainable, and the appeals were allowed. en-us Mon, 20 Oct 2014 00:00:00 +0530 Mon, 08 Feb 2016 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255290 The Tribunal held that burning loss arising in a manufacturing process in a custom bonded warehouse is not liable to custom duty under section 65(2)(b) of the Customs Act, 1962. It determined that the burning loss, being consumed in the process and not physically cleared from the warehouse, does not fall under the provision for duty levy on waste and scrap cleared for home consumption. The Tribunal distinguished a previous judgment involving physical waste and scrap, emphasizing that the burning loss in this case was not visible waste. Consequently, the lower appellate authority's decision to impose duty on burning loss was deemed legally unsustainable, and the appeals were allowed. Case-Laws Customs Mon, 20 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255290