https://www.taxtmi.com/caselaws?id=461918 Where exemption under an annual-clearance notification depends on aggregate clearances for the full financial year, eligibility is ascertainable only after year-end and earlier duty payments are treated as tentative. On that basis, the limitation period for a refund claim under Rule 11 of the Central Excise Rules, 1944 is computed from the close of the financial year, not from each individual payment of duty. The refund application filed in 1978 was therefore within time, and the limitation objection was rejected. en-us Mon, 12 Dec 1994 00:00:00 +0530 Thu, 08 May 2025 14:19:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461918 Where exemption under an annual-clearance notification depends on aggregate clearances for the full financial year, eligibility is ascertainable only after year-end and earlier duty payments are treated as tentative. On that basis, the limitation period for a refund claim under Rule 11 of the Central Excise Rules, 1944 is computed from the close of the financial year, not from each individual payment of duty. The refund application filed in 1978 was therefore within time, and the limitation objection was rejected. Case-Laws Central Excise Mon, 12 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461918