Court Grants Duty Remission After Insurance Payout for Fire-Destroyed Goods Exceeds Duty Amount.

Rejection of remission of duty in respect of the goods lost in fire - once insurance company has granted the insurance claim for the principal amount of the goods destroyed which is much more than the duty implication in the goods destroyed. It can be conveniently inferred that the insurance company has scrutinized minutely each and every aspect of the accident of fire taken place and only thereafter the insurance claim was granted. - Remission granted - AT .....

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