2002 (12) TMI 479 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the applicants engaged in fabric production after a fire destroyed goods. The Tribunal found the fire was an accident beyond the applicants' control, granting remission of duty and penalty under Rule 49. Pre-deposit of duty and penalty was waived during the appeal process. Regular hearing scheduled for 17-1-2003.