Court Rules in Favor of Petitioner for Remission of Excise Duty on Fire-Destroyed Export Goods.

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Full Text of the Document

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....Remission of duty - Rejection of petitioner’s application for remission of excise duty - export goods that got destroyed in fire at the Container Warehousing Corporation Ltd. (CWC) warehouse - Excise duty is collected when the commodity leaves the factory for the first time and also because the duty is intended to be an indirect duty, which the manufacturer or producer is to pass on to the ultimate consumer, which he could not do if the commodity had, for example upon destroyed in the factory itself - petitioner is entitled to the Certificate granting remission of excise duty - HC....