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Central Excise - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Duty demand - Destruction of goods by fire - prima facie, it ...


Insurance Compensation for Fire-Destroyed Goods Not Considered Sale Proceeds of Capital Goods, Court Rules.

March 27, 2014

Case Laws     Central Excise     AT

Duty demand - Destruction of goods by fire - prima facie, it cannot be treated as a case of removal of capital goods as such and the amount received by the applicants from the insurance company cannot be treated as if sale proceeds of capital goods cleared as such - AT

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