https://www.taxtmi.com/caselaws?id=3960 Binding Board circulars may allow tolerance-based remission for aerated water bottle breakages during movement, storage and clearance, including monthly write-off up to 0.5%. On the facts stated, the destroyed goods fell within that tolerance and no withdrawal or modification of the circular after the Modvat/Cenvat regime was shown, so duty remission could not be denied. Where the inputs had already been used in manufacture of the final product, reversal of credit was not warranted on those facts. The operative effect was that the remission claim was accepted within the circular limit and the demand for credit reversal was unsustainable. en-us Mon, 03 Dec 2007 00:00:00 +0530 Tue, 13 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3960 Binding Board circulars may allow tolerance-based remission for aerated water bottle breakages during movement, storage and clearance, including monthly write-off up to 0.5%. On the facts stated, the destroyed goods fell within that tolerance and no withdrawal or modification of the circular after the Modvat/Cenvat regime was shown, so duty remission could not be denied. Where the inputs had already been used in manufacture of the final product, reversal of credit was not warranted on those facts. The operative effect was that the remission claim was accepted within the circular limit and the demand for credit reversal was unsustainable. Case-Laws Central Excise Mon, 03 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3960