https://www.taxtmi.com/caselaws?id=115826 The Court allowed the appeal, ruling in favor of the appellant, and set aside the rejection of the refund claim based on the time limit under Section 11B. The Court emphasized that the provisions of Section 11B do not apply when an assessee claims refund of excise duty paid through furnishing a bank guarantee, as it does not equate to payment of excise duty. Following the precedent set by the Division Bench, the appellant, who had provided a bank guarantee as security, was entitled to the refund without being bound by the time limit specified under Section 11B. en-us Tue, 14 Dec 2004 00:00:00 +0530 Mon, 04 Jun 2012 14:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115826 The Court allowed the appeal, ruling in favor of the appellant, and set aside the rejection of the refund claim based on the time limit under Section 11B. The Court emphasized that the provisions of Section 11B do not apply when an assessee claims refund of excise duty paid through furnishing a bank guarantee, as it does not equate to payment of excise duty. Following the precedent set by the Division Bench, the appellant, who had provided a bank guarantee as security, was entitled to the refund without being bound by the time limit specified under Section 11B. Case-Laws Central Excise Tue, 14 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115826