https://www.taxtmi.com/caselaws?id=80579 Rule 56AA read with Notification No. 150/83-C.E. treated incentive credit on eligible excess production as a credit of duty already paid, even though it was adjustable only against future duty liability and not payable in cash. On that basis, the scheme was regarded as falling within the refund framework of Section 11B of the Central Excises and Salt Act, 1944, so the statutory six-month limitation applied. The relevant period was counted from 1-4-1984, and an application filed on 16-10-1984 was beyond time. The note therefore states that such incentive credit may be subject to Section 11B limitation where the notification itself fixes the base period, clearances, and incentive period. en-us Tue, 13 Feb 1990 00:00:00 +0530 Fri, 17 Jun 2011 17:12:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80579 Rule 56AA read with Notification No. 150/83-C.E. treated incentive credit on eligible excess production as a credit of duty already paid, even though it was adjustable only against future duty liability and not payable in cash. On that basis, the scheme was regarded as falling within the refund framework of Section 11B of the Central Excises and Salt Act, 1944, so the statutory six-month limitation applied. The relevant period was counted from 1-4-1984, and an application filed on 16-10-1984 was beyond time. The note therefore states that such incentive credit may be subject to Section 11B limitation where the notification itself fixes the base period, clearances, and incentive period. Case-Laws Central Excise Tue, 13 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80579