https://www.taxtmi.com/caselaws?id=86015 Substantive refund entitlement remained available where duty was not ultimately payable on the settled classification and exemption position, but the assessee was still required to seek refund through the statutory procedure under Section 11B rather than taking unilateral credit in PLA and RG 23A Part II. Self-adjustment without authorization was procedurally impermissible even though the claim succeeded on merits. The improper credit-taking justified penalty, but the penalty had to be reduced in light of the substantive validity of the refund claim and the surrounding facts. en-us Tue, 08 Oct 1996 00:00:00 +0530 Tue, 09 Aug 2011 16:08:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86015 Substantive refund entitlement remained available where duty was not ultimately payable on the settled classification and exemption position, but the assessee was still required to seek refund through the statutory procedure under Section 11B rather than taking unilateral credit in PLA and RG 23A Part II. Self-adjustment without authorization was procedurally impermissible even though the claim succeeded on merits. The improper credit-taking justified penalty, but the penalty had to be reduced in light of the substantive validity of the refund claim and the surrounding facts. Case-Laws Central Excise Tue, 08 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86015