https://www.taxtmi.com/caselaws?id=83724 Excise duty on molasses stored in katcha pits was not payable merely because the goods remained in storage or because remission had not been formally sought; Rule 49(1) postpones duty until removal, and its proviso permits duty only where goods are not accounted for or are not shown to the satisfaction of the proper officer to have been lost or destroyed by natural causes or unavoidable accident. Loss or destruction is distinct from removal, and duty cannot be demanded without a proper finding on the claimed flood-related loss. The matter was remanded for verification of the extent of destruction and duty was confined to the quantity not shown to have been so lost or rendered unfit. en-us Wed, 15 Jun 1994 00:00:00 +0530 Sat, 16 Jul 2011 12:28:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83724 Excise duty on molasses stored in katcha pits was not payable merely because the goods remained in storage or because remission had not been formally sought; Rule 49(1) postpones duty until removal, and its proviso permits duty only where goods are not accounted for or are not shown to the satisfaction of the proper officer to have been lost or destroyed by natural causes or unavoidable accident. Loss or destruction is distinct from removal, and duty cannot be demanded without a proper finding on the claimed flood-related loss. The matter was remanded for verification of the extent of destruction and duty was confined to the quantity not shown to have been so lost or rendered unfit. Case-Laws Central Excise Wed, 15 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83724