Section 77: Power to remit duty on warehoused goods lost or destroyed
M and TP Excise Duties Rules 1956Union territory Rules of Delhi · 1955
If any goods lodged in a warehouse are lost or destroyed by unavoidable accident, the Excise Commissioner may remit the duty thereon :
Proved that if any goods are so lost or destroyed, notice thereof shall be given to the officer-in-charge of the warehouse or the proper officer immediately on discovery of such loss or destruction.