https://www.taxtmi.com/caselaws?id=77329 Remission of duty for goods missing from a bonded warehouse is confined to loss caused by natural causes or unavoidable accident; alleged theft or dacoity does not qualify, and where theft is not proved the disappearance may support an inference of clandestine removal, so the duty demand stands. Interest on duty determined under the excise interest framework follows as a statutory consequence after duty is quantified, even if the show-cause notice did not expressly ask for it. A nominal penalty was also sustained, with no sufficient ground shown for interference. en-us Thu, 03 Dec 2009 00:00:00 +0530 Tue, 07 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77329 Remission of duty for goods missing from a bonded warehouse is confined to loss caused by natural causes or unavoidable accident; alleged theft or dacoity does not qualify, and where theft is not proved the disappearance may support an inference of clandestine removal, so the duty demand stands. Interest on duty determined under the excise interest framework follows as a statutory consequence after duty is quantified, even if the show-cause notice did not expressly ask for it. A nominal penalty was also sustained, with no sufficient ground shown for interference. Case-Laws Central Excise Thu, 03 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77329