https://www.taxtmi.com/caselaws?id=43565 SC allowed the appeal, applying amended Section 11B and holding the respondent failed to rebut the presumption that the excess excise duty had been passed on; accordingly the respondent was not entitled to the claimed refund and the Division Bench's order directing refund was set aside. The High Court's conclusion on limitation was upheld. Pursuant to this Court's interim order, the respondent was directed to refund a specified total sum of Rs. 49,90,043.01 with 12% p.a. interest from receipt, within eight weeks. en-us Fri, 16 Jul 1993 00:00:00 +0530 Fri, 17 Oct 2025 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43565 SC allowed the appeal, applying amended Section 11B and holding the respondent failed to rebut the presumption that the excess excise duty had been passed on; accordingly the respondent was not entitled to the claimed refund and the Division Bench's order directing refund was set aside. The High Court's conclusion on limitation was upheld. Pursuant to this Court's interim order, the respondent was directed to refund a specified total sum of Rs. 49,90,043.01 with 12% p.a. interest from receipt, within eight weeks. Case-Laws Central Excise Fri, 16 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43565