https://www.taxtmi.com/caselaws?id=86521 The Tribunal held that the assessee was not entitled to refund of excise duty under Section 11B of the CEA, 1944 in respect of excess duty paid on assessable value including turnover tax and additional sales tax. The relevant event for refund is the clearance of goods on payment of duty. Once the duty incidence is passed on to the buyer at clearance, subsequent issuance of credit notes by the assessee is irrelevant for refund purposes. Under the statutory scheme, only the buyer, as the ultimate bearer of the duty burden, may claim refund. The Revenue's appeal was allowed. en-us Sat, 07 Dec 1996 00:00:00 +0530 Sun, 14 Dec 2025 22:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86521 The Tribunal held that the assessee was not entitled to refund of excise duty under Section 11B of the CEA, 1944 in respect of excess duty paid on assessable value including turnover tax and additional sales tax. The relevant event for refund is the clearance of goods on payment of duty. Once the duty incidence is passed on to the buyer at clearance, subsequent issuance of credit notes by the assessee is irrelevant for refund purposes. Under the statutory scheme, only the buyer, as the ultimate bearer of the duty burden, may claim refund. The Revenue's appeal was allowed. Case-Laws Central Excise Sat, 07 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86521