https://www.taxtmi.com/caselaws?id=350395 The appeal was allowed for remand to the original adjudicating authority to consider the insurance report and reassess the matter. The judgment directed the appellants to rely on the insurance company's estimate for remission purposes and pay duty for the balance. The court emphasized the importance of the insurance report as an independent estimate of the goods lost to provide an accurate assessment. The case outcome concluded by disposing of both appeals through remand, allowing for further examination based on the insurance report to determine the remission and duty payment for the destroyed goods. en-us Thu, 28 Sep 2017 00:00:00 +0530 Mon, 06 Nov 2017 08:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350395 The appeal was allowed for remand to the original adjudicating authority to consider the insurance report and reassess the matter. The judgment directed the appellants to rely on the insurance company's estimate for remission purposes and pay duty for the balance. The court emphasized the importance of the insurance report as an independent estimate of the goods lost to provide an accurate assessment. The case outcome concluded by disposing of both appeals through remand, allowing for further examination based on the insurance report to determine the remission and duty payment for the destroyed goods. Case-Laws Central Excise Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350395