https://www.taxtmi.com/caselaws?id=240044 Rule 5 of the Cenvat Credit Rules, 2002 permits cash refund of accumulated credit arising from exports under bond, subject to the prescribed procedure and conditions. The issue was whether the limitation period in Section 11B of the Central Excise Act, 1944 applied to such refund claims. The analysis notes that Notification No. 11/2002-CE (NT) required filing within the Section 11B period but did not itself provide a relevant date for computing limitation, and the Section 11B explanation on relevant date was geared to rebate claims on exported goods, not Rule 5 refunds dependent on accumulated unutilised credit. The limitation under Section 11B was therefore held not to govern the claim, and the refund could not be rejected as time-barred. en-us Mon, 16 Sep 2013 00:00:00 +0530 Sat, 26 Apr 2014 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240044 Rule 5 of the Cenvat Credit Rules, 2002 permits cash refund of accumulated credit arising from exports under bond, subject to the prescribed procedure and conditions. The issue was whether the limitation period in Section 11B of the Central Excise Act, 1944 applied to such refund claims. The analysis notes that Notification No. 11/2002-CE (NT) required filing within the Section 11B period but did not itself provide a relevant date for computing limitation, and the Section 11B explanation on relevant date was geared to rebate claims on exported goods, not Rule 5 refunds dependent on accumulated unutilised credit. The limitation under Section 11B was therefore held not to govern the claim, and the refund could not be rejected as time-barred. Case-Laws Central Excise Mon, 16 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240044