https://www.taxtmi.com/caselaws?id=82687 Proforma credit under Notification No. 103/61-C.E. for imported Tariff Item 68 inputs used in synthetic organic dyestuffs remained conditional on compliance with Rule 56A procedure; because the assessees had not obtained the required permission under Rule 56A(2), the credit was held inadmissible. Recovery of wrongly availed credit was nevertheless treated as subject to the limitation period under Section 11A, so the demand was confined to the enforceable period and the portion relating to an earlier period was time-barred. The penalties were also deleted for lack of supporting basis. en-us Thu, 26 Aug 1993 00:00:00 +0530 Wed, 06 Jul 2011 17:33:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82687 Proforma credit under Notification No. 103/61-C.E. for imported Tariff Item 68 inputs used in synthetic organic dyestuffs remained conditional on compliance with Rule 56A procedure; because the assessees had not obtained the required permission under Rule 56A(2), the credit was held inadmissible. Recovery of wrongly availed credit was nevertheless treated as subject to the limitation period under Section 11A, so the demand was confined to the enforceable period and the portion relating to an earlier period was time-barred. The penalties were also deleted for lack of supporting basis. Case-Laws Central Excise Thu, 26 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82687