2017 (7) TMI 1134

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..... against M/s Arofine Chemical Industries for recovery of duty on raw materials, semi-finished goods and work-in progress, as well as finished goods, that were claimed to have been lost in floods on 26 July 2005. The duty demand of Rs. 4,57,953/- was confirmed and the first appellate authority, in impugned order-in-appeal no. PD/TH-I/04/2014 dated 21st January 2014, confirmed the order of the origin .....

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..... hese circumstances, the demand for recovery of duty on finished goods was premature and such payment would become obligatory only on disposal of application for remission. The matter is, therefore, remanded to the original authority for re-computation of the duty liability on finished goods to the extent that it is not covered by remission of duty accorded by the competent authority. 4.  Acc .....

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