2007 (10) TMI 191

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ure of molasses. They filed applications for remission of duty of molasses for the season 2001-2002  and 2003-04, which have been lost during storage.  The Commissioner(Appeals) rejected the remission application on the ground that the appellants have not taken due care and precautions to prevent mishandling of molasses.  He relied upon the decision of the Tribunal in the case of Ra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ppellants have not taken due care and precaution to prevent mishandling of molasses.  It is well settled by the series of decisions of this Tribunal that the losses claimed by the assessee upto 2% cannot be denied for storage loss.  Therefore, the impugned orders cannot be sustained and are set aside.  The appeals are allowed with consequential relief. Order dictated in the open Co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X