1999 (11) TMI 177 - AT - Central Excise

Summary

The Revenue filed a Reference Application to the Appellate Tribunal CEGAT, CALCUTTA regarding the application of Section 123(1) of the Customs Act, 1962 to goods removed under Section 67. The Tribunal allowed the Reference Application based on a previous direction from the High Court of Orissa. Two questions of law were referred to the High Court concerning remission of duty for lost goods in transit and duty demand on goods lost by spillage during transit due to failure to prevent losses as per the transit bond. Papers were forwarded to the High Court for both cases.