10 December 2014
As per rule 21 of CER remission of duty is available if its because of natural calamities ....at any time before removal . My question is how we know about what amount of duty is to be claim for remission because we take the rate on the date of removal for the purpose of excise duty .for suppose lose coz of fire is on 2 .3.2014 ....but the duty will be charged on later date when the goods will be removed from factory considering tat date duty .....