https://www.taxtmi.com/caselaws?id=249796 The High Court upheld the Tribunal's decision regarding the interpretation of "unavoidable accident" for excise duty remission, affirming that a fire caused by a short circuit constituted an unavoidable accident. The Court also supported the Tribunal's ruling that remission could be granted without reversing credit for raw materials consumed in final products. The judgment emphasized the importance of legal precedents and statutory provisions in determining excise duty remission eligibility, ultimately dismissing the Revenue's appeal. en-us Fri, 04 Jul 2014 00:00:00 +0530 Thu, 27 Aug 2015 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249796 The High Court upheld the Tribunal's decision regarding the interpretation of "unavoidable accident" for excise duty remission, affirming that a fire caused by a short circuit constituted an unavoidable accident. The Court also supported the Tribunal's ruling that remission could be granted without reversing credit for raw materials consumed in final products. The judgment emphasized the importance of legal precedents and statutory provisions in determining excise duty remission eligibility, ultimately dismissing the Revenue's appeal. Case-Laws Central Excise Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249796