https://www.taxtmi.com/caselaws?id=53459 Remission of duty for molasses loss was available under Rule 49 because the rule prescribed no time limit for seeking relief where loss arose from natural causes. The Board's direction to condone storage loss up to 2% governed the claim, and the admitted loss fell within that limit. The 24-hour reporting objection could not defeat remission where the loss was within the prescribed threshold, consistent with prior Tribunal view allowing condonation in similar cases. en-us Tue, 28 Sep 2004 00:00:00 +0530 Wed, 13 Oct 2010 14:22:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53459 Remission of duty for molasses loss was available under Rule 49 because the rule prescribed no time limit for seeking relief where loss arose from natural causes. The Board's direction to condone storage loss up to 2% governed the claim, and the admitted loss fell within that limit. The 24-hour reporting objection could not defeat remission where the loss was within the prescribed threshold, consistent with prior Tribunal view allowing condonation in similar cases. Case-Laws Central Excise Tue, 28 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53459