https://www.taxtmi.com/caselaws?id=54965 Recredit of excess Modvat credit reversed in the statutory records for DEEC compliance was treated as distinct from a refund of duty under the Central Excise Act, 1944. On that basis, Section 11B's limitation period did not govern the restoration claim, because the reversal was not a refund application under the Act or the Rules. The credit could be restored in the RG 23(A) records and taken suo motu without prior permission or a refund claim. The assessee's request for restoration was therefore not time-barred and was admissible. en-us Wed, 24 Aug 2005 00:00:00 +0530 Sat, 23 Oct 2010 09:58:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54965 Recredit of excess Modvat credit reversed in the statutory records for DEEC compliance was treated as distinct from a refund of duty under the Central Excise Act, 1944. On that basis, Section 11B's limitation period did not govern the restoration claim, because the reversal was not a refund application under the Act or the Rules. The credit could be restored in the RG 23(A) records and taken suo motu without prior permission or a refund claim. The assessee's request for restoration was therefore not time-barred and was admissible. Case-Laws Central Excise Wed, 24 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54965