https://www.taxtmi.com/caselaws?id=104994 Remission of central excise duty on loss of molasses was denied because the loss resulted from cracks in the tank after it was hit, and the inspection record showed negligence by the assessee. The circumstances were distinguished from accidental loss by fire, and the assessee failed to prove that due care and proper safety measures had been taken. As the loss was not shown to arise from accident or natural cause, remission was unavailable and the penalty under the Central Excise Rules was sustained. en-us Fri, 06 Sep 2002 00:00:00 +0530 Fri, 02 Mar 2012 11:10:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104994 Remission of central excise duty on loss of molasses was denied because the loss resulted from cracks in the tank after it was hit, and the inspection record showed negligence by the assessee. The circumstances were distinguished from accidental loss by fire, and the assessee failed to prove that due care and proper safety measures had been taken. As the loss was not shown to arise from accident or natural cause, remission was unavailable and the penalty under the Central Excise Rules was sustained. Case-Laws Central Excise Fri, 06 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104994