https://www.taxtmi.com/caselaws?id=83072 Unutilised proforma credit in RG-23 Part II was treated as a credit-adjustment claim, not an ordinary refund of excess duty. On that basis, Section 11B of the Central Excises and Salt Act, 1944 was considered inapplicable and the claim was not barred by that limitation provision. The Tribunal also recognised that the assessee should receive the benefit of the earned but unused credit through transfer to RG-23A Part II, cash refund, or an appropriate PLA adjustment, ensuring effective utilisation of the credit balance. en-us Wed, 16 Feb 1994 00:00:00 +0530 Sat, 09 Jul 2011 13:05:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83072 Unutilised proforma credit in RG-23 Part II was treated as a credit-adjustment claim, not an ordinary refund of excess duty. On that basis, Section 11B of the Central Excises and Salt Act, 1944 was considered inapplicable and the claim was not barred by that limitation provision. The Tribunal also recognised that the assessee should receive the benefit of the earned but unused credit through transfer to RG-23A Part II, cash refund, or an appropriate PLA adjustment, ensuring effective utilisation of the credit balance. Case-Laws Central Excise Wed, 16 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83072