https://www.taxtmi.com/caselaws?id=73962 For limitation in a refund by credit entry in the Personal Ledger Account, the relevant date is the date on which the assessee actually takes credit, not merely the date of sanction of refund. Rule 10 of the Central Excise Rules was applied on the footing that a refund by voucher is complete when issued, but a refund by ledger credit is not complete until the amount is actually credited and leaves the Government's control. The matter was remitted because the lower authorities had not examined the factual date of actual credit, which was necessary to determine whether the claim was time-barred. en-us Wed, 13 Apr 1988 00:00:00 +0530 Sat, 04 Jun 2011 17:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73962 For limitation in a refund by credit entry in the Personal Ledger Account, the relevant date is the date on which the assessee actually takes credit, not merely the date of sanction of refund. Rule 10 of the Central Excise Rules was applied on the footing that a refund by voucher is complete when issued, but a refund by ledger credit is not complete until the amount is actually credited and leaves the Government's control. The matter was remitted because the lower authorities had not examined the factual date of actual credit, which was necessary to determine whether the claim was time-barred. Case-Laws Central Excise Wed, 13 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73962