Custom Duty Remission allowed on Imported Goods Destroyed by Fire

Piramal Enterprises Limited Vs Commissioner of GST & Central Excise (CESTAT Chennai) In a recent ruling, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Chennai has allowed Piramal Enterprises Limited to claim remission of customs duty on imported raw materials that were destroyed in a fire accident at its 100% Export Oriented Unit (EOU) in 2010. The Tribunal’s decision, pronounced on June 6, 2025, underscores that the fulfillment of conditions stipulated in customs exemption notifications is not applicable when imported goods are destroyed by unforeseen circumstances...