1992 (5) TMI 37 - CGOVT - Central Excise

Summary

The judgment relates to storage loss of Molasses by an applicant company. The company's plea of shortage due to overflow in storage tank beyond their control was accepted. The Government found evidence that loss occurred under circumstances beyond control of the assessee. Condonation of the loss of 4457.59 Qtls. of molasses was granted, and consequential relief was provided. The revision application was disposed of accordingly.