https://www.taxtmi.com/caselaws?id=73707 For limitation under Rule 10, a refund adjusted by credit in the assessee's Personal Ledger Account is complete only when the credit is actually taken, not merely when the refund order is issued. The distinction between a cash refund by voucher and a PLA credit entry is material because, in a PLA adjustment, the Government's liability is not discharged until the assessee records the credit. The limitation period therefore runs from the date of actual PLA credit. As the factual date of credit had not been established, the limitation question required fresh factual examination and the appellate order was set aside for that purpose. en-us Mon, 13 Jun 1988 00:00:00 +0530 Thu, 02 Jun 2011 18:31:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73707 For limitation under Rule 10, a refund adjusted by credit in the assessee's Personal Ledger Account is complete only when the credit is actually taken, not merely when the refund order is issued. The distinction between a cash refund by voucher and a PLA credit entry is material because, in a PLA adjustment, the Government's liability is not discharged until the assessee records the credit. The limitation period therefore runs from the date of actual PLA credit. As the factual date of credit had not been established, the limitation question required fresh factual examination and the appellate order was set aside for that purpose. Case-Laws Central Excise Mon, 13 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73707