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Central Excise - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Remission of duty - Rule 21 - loss of molasses - No assessee ...

Central Excise

March 5, 2016

Remission of duty - Rule 21 - loss of molasses - No assessee would cause loss of its own final product for the reason of not paying the excise duty. As such, as long as the accident is not deliberate and there is no mala fide on the part of the assessee to make the accident occur resulting in loss of the goods, the assessee would be entitled to the remission of duty - AT

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