https://www.taxtmi.com/article/detailed?id=499 Recovery of erroneous refunds requires issuance of a show cause notice within the statutory limitation periods: Section 73 of the Finance Act, 1994 and Section 11A of the Central Excise Act, 1944 permit a one year window with an extension to five years for fraud, collusion, willful misstatement or suppression of facts; Section 28(1) of the Customs Act prescribes its own ordinary limitation periods and a similar five year extension for collusion or willful suppression. A circular clarifies that disallowance orders do not themselves effect recovery and must be followed by a timely show cause notice. en-us Sat, 19 Sep 2009 00:00:00 +0530 Tue, 04 Jan 2011 12:51:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=499 Recovery of erroneous refunds requires issuance of a show cause notice within the statutory limitation periods: Section 73 of the Finance Act, 1994 and Section 11A of the Central Excise Act, 1944 permit a one year window with an extension to five years for fraud, collusion, willful misstatement or suppression of facts; Section 28(1) of the Customs Act prescribes its own ordinary limitation periods and a similar five year extension for collusion or willful suppression. A circular clarifies that disallowance orders do not themselves effect recovery and must be followed by a timely show cause notice. Articles Service Tax Sat, 19 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=499