https://www.taxtmi.com/caselaws?id=351946 The Tribunal partially allowed the appeal for remission of duty on molasses destroyed in a fire incident at the appellant's factory premises. Despite acknowledging the fire incident, the Tribunal found insufficient evidence to support the claimed 1400 MTs of molasses in the tank. The delay in informing authorities and discrepancies in the claim amount were noted. Remission was limited to Rs. 5 lakhs based on principles of equity, justice, and good conscience, with no penalties imposed due to the unique circumstances of the case. en-us Fri, 10 Nov 2017 00:00:00 +0530 Tue, 05 Dec 2017 07:53:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351946 The Tribunal partially allowed the appeal for remission of duty on molasses destroyed in a fire incident at the appellant's factory premises. Despite acknowledging the fire incident, the Tribunal found insufficient evidence to support the claimed 1400 MTs of molasses in the tank. The delay in informing authorities and discrepancies in the claim amount were noted. Remission was limited to Rs. 5 lakhs based on principles of equity, justice, and good conscience, with no penalties imposed due to the unique circumstances of the case. Case-Laws Central Excise Fri, 10 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351946