https://www.taxtmi.com/caselaws?id=82989 The note states that, under the Central Excise Rules, 1944, goods lost by theft may still fall within the expressions "lost or destroyed" and justify remission or defence against duty demand where the loss is satisfactorily explained and not shown to be clandestine removal. It further explains that a theft can amount to an unavoidable accident when the assessee took reasonable precautions, such as security measures and exit checks, and the disappearance occurred despite those safeguards. On that reasoning, the duty demand and penalty were treated as unsustainable in the circumstances described. en-us Mon, 12 Apr 1993 00:00:00 +0530 Fri, 08 Jul 2011 17:35:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82989 The note states that, under the Central Excise Rules, 1944, goods lost by theft may still fall within the expressions "lost or destroyed" and justify remission or defence against duty demand where the loss is satisfactorily explained and not shown to be clandestine removal. It further explains that a theft can amount to an unavoidable accident when the assessee took reasonable precautions, such as security measures and exit checks, and the disappearance occurred despite those safeguards. On that reasoning, the duty demand and penalty were treated as unsustainable in the circumstances described. Case-Laws Central Excise Mon, 12 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82989