https://www.taxtmi.com/caselaws?id=376222 Loss of molasses caused by the bursting of a storage tank was treated as an unavoidable accident for remission purposes under Rule 49 of the Central Excise Rules, 1944. The record showed that carbon dioxide gas formation in the molasses increased hydrostatic pressure and caused the tank to burst at the welded portion. As there was no material indicating mala fides or habitual negligence, the expressions "natural causes" and "unavoidable accidents" were read liberally to cover loss occurring beyond the assessee's control despite due and reasonable care. Duty remission was therefore available. en-us Thu, 28 Feb 2019 00:00:00 +0530 Fri, 21 Feb 2020 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376222 Loss of molasses caused by the bursting of a storage tank was treated as an unavoidable accident for remission purposes under Rule 49 of the Central Excise Rules, 1944. The record showed that carbon dioxide gas formation in the molasses increased hydrostatic pressure and caused the tank to burst at the welded portion. As there was no material indicating mala fides or habitual negligence, the expressions "natural causes" and "unavoidable accidents" were read liberally to cover loss occurring beyond the assessee's control despite due and reasonable care. Duty remission was therefore available. Case-Laws Central Excise Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376222