https://www.taxtmi.com/caselaws?id=760310 CESTAT Chennai held that revenue's demand for differential duty with penalty failed due to insufficient evidence. The appellant suffered a genuine fire accident on 10.6.2011 destroying goods in their factory premises. Revenue alleged suppression of facts to evade customs duty, claiming appellant sought insurance for destroyed goods including taxes to obtain double benefit. However, revenue failed to provide documentary proof that insurance money was received for tax amounts. The detailed survey report confirmed the fire accident's authenticity and was not proven false. No evidence showed goods were diverted for other purposes. Following precedent, the Tribunal rejected revenue's charges, set aside the impugned orders, and allowed the appeal. en-us Tue, 15 Oct 2024 00:00:00 +0530 Fri, 18 Oct 2024 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760310 CESTAT Chennai held that revenue's demand for differential duty with penalty failed due to insufficient evidence. The appellant suffered a genuine fire accident on 10.6.2011 destroying goods in their factory premises. Revenue alleged suppression of facts to evade customs duty, claiming appellant sought insurance for destroyed goods including taxes to obtain double benefit. However, revenue failed to provide documentary proof that insurance money was received for tax amounts. The detailed survey report confirmed the fire accident's authenticity and was not proven false. No evidence showed goods were diverted for other purposes. Following precedent, the Tribunal rejected revenue's charges, set aside the impugned orders, and allowed the appeal. Case-Laws Customs Tue, 15 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760310