1999 (11) TMI 315 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the appellant regarding duty remission on goods destroyed in a fire at their factory. The Tribunal granted waiver of pre-deposit of duty amounting to Rs. 32,34,885.56 and stayed its recovery during appeal proceedings. The Tribunal considered evidence from Fire Brigade, police, and insurance company, noting that insurance company paid Rs. 4,22,70,845 and the Commissioner's grounds for denying remission were not clear from the show cause notice issued nearly a year later.