https://www.taxtmi.com/caselaws?id=266932 Remission of duty was held admissible under Rule 21 for loss of molasses where the storage tank nipple ruptured and the loss was undisputedly accidental. The deciding factor was that the rupture arose from leakage in an old storage tank, the loss was immediately reported, and there was no deliberate act or mala fide conduct by the assessee. The rule on remission was applied to accidental destruction or loss not caused intentionally, and duty remission was therefore allowed. en-us Fri, 10 Jul 2015 00:00:00 +0530 Tue, 27 Oct 2015 08:31:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266932 Remission of duty was held admissible under Rule 21 for loss of molasses where the storage tank nipple ruptured and the loss was undisputedly accidental. The deciding factor was that the rupture arose from leakage in an old storage tank, the loss was immediately reported, and there was no deliberate act or mala fide conduct by the assessee. The rule on remission was applied to accidental destruction or loss not caused intentionally, and duty remission was therefore allowed. Case-Laws Central Excise Fri, 10 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266932