2007 (11) TMI 199 - AT - Central Excise

Board circular dated 18-7-1983 clearly states that, for the loss noticed in the storage up to 2% in respect of molasses stored in the kuchha pits or steel tanks, remission is condonable - In view of the Board circular, I find merit in the contention of appellant as the storage loss is less than 2%. The impugned order is set aside and the appeal is allowed.

Summary

The appeal was filed against the rejection of a remission application by the appellants engaged in sugar manufacturing due to storage loss of molasses. The Board circular supported remission for storage loss up to 2%, which was found to be the case for the appellants. The impugned order was set aside, and the appeal was allowed by the Appellate Tribunal CESTAT, New Delhi.