https://www.taxtmi.com/caselaws?id=34184 The Tribunal dismissed the Revenue's appeal, upholding that the Export Oriented Unit (EOU) was not liable to pay duty on the lost goods or face penalties. The loss was considered an unavoidable accident due to theft during transit, with no fault found on the part of the EOU. The Tribunal affirmed the remission of duty on the goods lost and emphasized that the duty liability was separate from the insurance compensation received by the EOU. en-us Thu, 25 Sep 2008 00:00:00 +0530 Wed, 22 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34184 The Tribunal dismissed the Revenue's appeal, upholding that the Export Oriented Unit (EOU) was not liable to pay duty on the lost goods or face penalties. The loss was considered an unavoidable accident due to theft during transit, with no fault found on the part of the EOU. The Tribunal affirmed the remission of duty on the goods lost and emphasized that the duty liability was separate from the insurance compensation received by the EOU. Case-Laws Central Excise Thu, 25 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34184