https://www.taxtmi.com/caselaws?id=433490 The Appellate Tribunal CESTAT AHMEDABAD allowed the appeal against the rejection of a remission claim of duty amounting to Rs 1,14,53,671. The Tribunal found that the appellant correctly claimed remission of excise duty on raw materials destroyed in a fire, not on finished goods, as misunderstood by the Commissioner. The denial of the remission claim was deemed incorrect, and the matter was remanded for reconsideration with proper documentation. The judgment emphasized the importance of accurately interpreting excise duty on raw materials in remission claims and the need for supporting documentation. en-us Fri, 20 Jan 2023 00:00:00 +0530 Wed, 01 Feb 2023 08:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433490 The Appellate Tribunal CESTAT AHMEDABAD allowed the appeal against the rejection of a remission claim of duty amounting to Rs 1,14,53,671. The Tribunal found that the appellant correctly claimed remission of excise duty on raw materials destroyed in a fire, not on finished goods, as misunderstood by the Commissioner. The denial of the remission claim was deemed incorrect, and the matter was remanded for reconsideration with proper documentation. The judgment emphasized the importance of accurately interpreting excise duty on raw materials in remission claims and the need for supporting documentation. Case-Laws Central Excise Fri, 20 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433490