https://www.taxtmi.com/caselaws?id=72924 Remission of central excise duty was held admissible where neutralised waste was lost in floods, because the evidence showed damage by heavy rain and flooding and supported the assessee's contemporaneous disclosure of loss. The adverse inference drawn from the absence of the damaged bags was unsupported by the record, and the loss was treated as having occurred by a natural cause. The claim fell within Rule 49, which permits remission where goods are lost or destroyed by natural causes or unavoidable accident to the satisfaction of the proper officer. Refusal of remission was therefore unsustainable, and refund of duty paid under protest followed consequentially. en-us Mon, 04 Aug 1986 00:00:00 +0530 Wed, 25 May 2011 18:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72924 Remission of central excise duty was held admissible where neutralised waste was lost in floods, because the evidence showed damage by heavy rain and flooding and supported the assessee's contemporaneous disclosure of loss. The adverse inference drawn from the absence of the damaged bags was unsupported by the record, and the loss was treated as having occurred by a natural cause. The claim fell within Rule 49, which permits remission where goods are lost or destroyed by natural causes or unavoidable accident to the satisfaction of the proper officer. Refusal of remission was therefore unsustainable, and refund of duty paid under protest followed consequentially. Case-Laws Central Excise Mon, 04 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72924