https://www.taxtmi.com/caselaws?id=153582 Interest recovery under Rule 12 of the Cenvat Credit Rules, 2002 read with Section 11AB of the Central Excise Act was held time-barred because the provision contained no express limitation period. The Tribunal applied the principle that, where interest recovery is silent on limitation, the period applicable to analogous recovery proceedings may govern. As the credit was taken in 2002 and the demand was raised only in 2005, with no allegation of fraud, suppression of facts or wilful misstatement, the demand could not survive beyond the applicable six-month period. en-us Thu, 17 Sep 2009 00:00:00 +0530 Fri, 09 Jun 2017 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153582 Interest recovery under Rule 12 of the Cenvat Credit Rules, 2002 read with Section 11AB of the Central Excise Act was held time-barred because the provision contained no express limitation period. The Tribunal applied the principle that, where interest recovery is silent on limitation, the period applicable to analogous recovery proceedings may govern. As the credit was taken in 2002 and the demand was raised only in 2005, with no allegation of fraud, suppression of facts or wilful misstatement, the demand could not survive beyond the applicable six-month period. Case-Laws Central Excise Thu, 17 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153582