No Customs Duty Demand on Materials Intended for Manufacturing when Destroyed by Fire Accident: CESTAT [Read Order]

Considering the intended use met exemption conditions despite the fire, CESTAT ruled the duty and penalty demand unjustified

By Kavi Priya - On November 5, 2024 4:41 pm - 2 mins read

Customs Duty - fire accident customs duty - customs duty exemption fire accident - customs duty exemption - taxscan

The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) ruled that customs duty cannot be demanded on imported materials intended for manufacturing if they are destroyed by an uncontrollable incident like a fire. Sennar Paper and Boards Ltd., the appellant imported 333.482 MTs of waste paper on May 27,…

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