https://www.taxtmi.com/caselaws?id=446846 The Tribunal set aside the impugned order and allowed the appeal for remission of Customs duty concerning goods destroyed by fire in an SEZ unit. It ruled that Section 23 of the Customs Act applies to SEZ units for remission of duty, as it does not conflict with the SEZ Act. The Tribunal found no negligence by the appellant regarding the fire incident and clarified that insurance for SEZ units need only cover the value of goods, not Customs duty. The Tribunal's decision favored the appellant, granting remission of duty. en-us Mon, 11 Dec 2023 00:00:00 +0530 Tue, 12 Dec 2023 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446846 The Tribunal set aside the impugned order and allowed the appeal for remission of Customs duty concerning goods destroyed by fire in an SEZ unit. It ruled that Section 23 of the Customs Act applies to SEZ units for remission of duty, as it does not conflict with the SEZ Act. The Tribunal found no negligence by the appellant regarding the fire incident and clarified that insurance for SEZ units need only cover the value of goods, not Customs duty. The Tribunal's decision favored the appellant, granting remission of duty. Case-Laws Customs Mon, 11 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446846