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Central Excise - Highlights / Catch Notes

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Remission of duty - destruction of indigenous / imported raw ...

Central Excise

June 28, 2016

Remission of duty - destruction of indigenous / imported raw material due to fire - If the duty element is also required to be insured and reimbursed by the insurance company, then there is no need for the assessee to ask for remission of duty in which case the provision of remission of duty would become redundant. - AT

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