https://www.taxtmi.com/caselaws?id=760455 Unspent amounts deposited during investigation, where proceedings were later dropped and the sums were never appropriated as duty, were treated as refundable deposits rather than duty refunds. The Tribunal held that the limitation rule under Section 11B, including the concept of relevant date, did not apply to such unutilised balances lying in the assessee's account current. It further held that the proviso to Section 11B(2) protects these unspent advance deposits and that credit to the Consumer Welfare Fund was unnecessary. The doctrine of unjust enrichment also had no application to this category of refund. en-us Thu, 03 Oct 2024 00:00:00 +0530 Tue, 22 Oct 2024 08:34:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760455 Unspent amounts deposited during investigation, where proceedings were later dropped and the sums were never appropriated as duty, were treated as refundable deposits rather than duty refunds. The Tribunal held that the limitation rule under Section 11B, including the concept of relevant date, did not apply to such unutilised balances lying in the assessee's account current. It further held that the proviso to Section 11B(2) protects these unspent advance deposits and that credit to the Consumer Welfare Fund was unnecessary. The doctrine of unjust enrichment also had no application to this category of refund. Case-Laws Central Excise Thu, 03 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760455