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Central Excise - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Remission of duty - molasses lost during storage - It is not ...

Central Excise

February 8, 2016

Remission of duty - molasses lost during storage - It is not disputed that the loss is within the prescribed limit of 2%. Rule 21 does not lay down any procedure for giving information within 24 hours. Therefore, the substantive benefit cannot be denied in the statute by prescribing time limit of 24 hours, which is not laid down in law. - AT

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