https://www.taxtmi.com/caselaws?id=88442 Excess central excise duty discovered on assessment of RT-12 returns under Rule 173-I was required to be adjusted by taking credit in the account-current where the assessment merely gave effect to approved price lists or classification. In that situation, the Superintendent was not making a fresh redetermination of value, and a separate refund application under Section 11B was not contemplated. The limitation bar under Section 11B therefore did not arise. The document distinguishes cases involving re-determination of value or issues outside Rule 173-I, and states that the assessee was entitled to suo motu credit of the excess duty. en-us Thu, 20 Mar 1997 00:00:00 +0530 Sat, 17 Sep 2011 17:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88442 Excess central excise duty discovered on assessment of RT-12 returns under Rule 173-I was required to be adjusted by taking credit in the account-current where the assessment merely gave effect to approved price lists or classification. In that situation, the Superintendent was not making a fresh redetermination of value, and a separate refund application under Section 11B was not contemplated. The limitation bar under Section 11B therefore did not arise. The document distinguishes cases involving re-determination of value or issues outside Rule 173-I, and states that the assessee was entitled to suo motu credit of the excess duty. Case-Laws Central Excise Thu, 20 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88442