https://www.taxtmi.com/caselaws?id=51031 Central excise duty was not chargeable on molasses that had deteriorated, become unfit for human consumption, and was destroyed during storage. The first proviso to Rule 49(1) of the Central Excise Rules, 1944 exempts manufactured goods lost or destroyed by natural causes or unavoidable accident, and that exemption applied here because the deterioration led to destruction. Execution of a B-2 bond did not by itself create duty liability. The prior request for permission, coupled with the absence of a timely response, supported the conclusion that destruction of the stock was justified and the duty demand was unsustainable. en-us Tue, 27 Nov 2001 00:00:00 +0530 Tue, 21 Sep 2010 15:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51031 Central excise duty was not chargeable on molasses that had deteriorated, become unfit for human consumption, and was destroyed during storage. The first proviso to Rule 49(1) of the Central Excise Rules, 1944 exempts manufactured goods lost or destroyed by natural causes or unavoidable accident, and that exemption applied here because the deterioration led to destruction. Execution of a B-2 bond did not by itself create duty liability. The prior request for permission, coupled with the absence of a timely response, supported the conclusion that destruction of the stock was justified and the duty demand was unsustainable. Case-Laws Central Excise Tue, 27 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51031