No Custom duty liability on Goods Destroyed due to fire in SEZ: CESTAT Ahmedabad

P I Industries Limited Vs Principal Commissioner of Customs (CESTAT Ahmedabad) In the case of P I Industries Limited vs Principal Commissioner of Customs (CESTAT Ahmedabad), the appeal revolves around the demand for customs duty on goods destroyed in a fire accident at the appellant’s unit located in a Special Economic Zone (SEZ). Here’s a detailed summary of the case: P I Industries Limited, engaged in the manufacture of agro chemicals within an SEZ, experienced a fire accident on 05.06.2018, resulting in the destruction of various raw materials, packing materials, and semi-finished g...