https://www.taxtmi.com/caselaws?id=123743 Refund of deemed credit on grey fabric used in exported processed fabric cleared under bond was held not to be barred by limitation, because Notification No. 29/96 did not prescribe any specific time limit for such refund where adjustment was not possible. The Tribunal applied the proviso to Para 3 of the notification, which allowed refund subject only to conditions and limitations specified by the Central Government in the Official Gazette, and followed its earlier view that Section 11B of the Central Excise Act, 1944, and the time limit in Notification No. 85/87-C.E. did not govern such claims. The refund claim was therefore allowed in favour of the assessee. en-us Wed, 06 Dec 2006 00:00:00 +0530 Wed, 19 Sep 2012 18:42:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123743 Refund of deemed credit on grey fabric used in exported processed fabric cleared under bond was held not to be barred by limitation, because Notification No. 29/96 did not prescribe any specific time limit for such refund where adjustment was not possible. The Tribunal applied the proviso to Para 3 of the notification, which allowed refund subject only to conditions and limitations specified by the Central Government in the Official Gazette, and followed its earlier view that Section 11B of the Central Excise Act, 1944, and the time limit in Notification No. 85/87-C.E. did not govern such claims. The refund claim was therefore allowed in favour of the assessee. Case-Laws Central Excise Wed, 06 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123743