https://www.taxtmi.com/forum/issue?id=110064 Destruction of stock by fire requires reversal of cenvat credit on destroyed raw materials and finished goods; insurance claims should exclude the duty component of finished goods; remission of duty may be considered subject to proof of adequate precautions, with higher-value cases requiring escalation to senior remission authorities and reporting to the Board under applicable remission rules and administrative notifications. en-us Mon, 21 Mar 2016 09:52:37 +0530 Thu, 23 Jan 2025 15:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110064 Destruction of stock by fire requires reversal of cenvat credit on destroyed raw materials and finished goods; insurance claims should exclude the duty component of finished goods; remission of duty may be considered subject to proof of adequate precautions, with higher-value cases requiring escalation to senior remission authorities and reporting to the Board under applicable remission rules and administrative notifications. Discussion-Forum Central Excise Mon, 21 Mar 2016 09:52:37 +0530 https://www.taxtmi.com/forum/issue?id=110064