https://www.taxtmi.com/caselaws?id=767111 CESTAT Chandigarh held that, in export warehousing of petroleum products, the circular dated 30.10.1985 permitting condonation of transit loss up to 1% remained applicable under the existing notification framework, including Notification No. 46/2001-CE(NT), because it had not been expressly withdrawn or superseded. The Tribunal accepted that transit loss up to 1% in movement from refinery to warehouse for export purposes was permissible and that duty could not be demanded for loss within that limit. Revenue's challenge therefore failed, and the respondent was entitled to the benefit of condonation. en-us Mon, 03 Mar 2025 00:00:00 +0530 Tue, 11 Mar 2025 08:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767111 CESTAT Chandigarh held that, in export warehousing of petroleum products, the circular dated 30.10.1985 permitting condonation of transit loss up to 1% remained applicable under the existing notification framework, including Notification No. 46/2001-CE(NT), because it had not been expressly withdrawn or superseded. The Tribunal accepted that transit loss up to 1% in movement from refinery to warehouse for export purposes was permissible and that duty could not be demanded for loss within that limit. Revenue's challenge therefore failed, and the respondent was entitled to the benefit of condonation. Case-Laws Central Excise Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767111