https://www.taxtmi.com/caselaws?id=48599 The theft of excisable goods from a bonded shipping room was treated as an unavoidable accident for remission purposes under Rule 49(1) of the Central Excise Rules, 1944. The approved storage arrangement had been maintained under physical control to prevent revenue leakage, and the assessee had taken normal protective measures expected of a prudent person. The loss occurred during heavy rainfall and reduced visibility, was the first such incident, and security staff responded promptly. The police and excise authorities were informed without delay. On these facts, remission of central excise duty was warranted. en-us Fri, 31 Mar 2000 00:00:00 +0530 Thu, 05 Aug 2010 12:55:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48599 The theft of excisable goods from a bonded shipping room was treated as an unavoidable accident for remission purposes under Rule 49(1) of the Central Excise Rules, 1944. The approved storage arrangement had been maintained under physical control to prevent revenue leakage, and the assessee had taken normal protective measures expected of a prudent person. The loss occurred during heavy rainfall and reduced visibility, was the first such incident, and security staff responded promptly. The police and excise authorities were informed without delay. On these facts, remission of central excise duty was warranted. Case-Laws Central Excise Fri, 31 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48599