https://www.taxtmi.com/caselaws?id=361107 Quarterly refund claims for unutilised CENVAT credit under Rule 5 of the CENVAT Credit Rules, 2004 are subject to limitation by reference to the end of the quarter in which the FIRCs are received. A Larger Bench ruling had already settled this computation method, so the refund could not be rejected on the limitation basis adopted by the lower authority. The matter was remanded to the original authority for reconsideration of the refund claim in line with that binding clarification and the applicable limitation period under Section 11B as applied to service tax refunds. en-us Thu, 01 Mar 2018 00:00:00 +0530 Tue, 29 May 2018 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361107 Quarterly refund claims for unutilised CENVAT credit under Rule 5 of the CENVAT Credit Rules, 2004 are subject to limitation by reference to the end of the quarter in which the FIRCs are received. A Larger Bench ruling had already settled this computation method, so the refund could not be rejected on the limitation basis adopted by the lower authority. The matter was remanded to the original authority for reconsideration of the refund claim in line with that binding clarification and the applicable limitation period under Section 11B as applied to service tax refunds. Case-Laws Service Tax Thu, 01 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361107