Court Invalidates Adjudication Due to Time Limits on Show-Cause Notices u/s 73(4B) of Finance Act 1994; Refund Ordered.

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....Validity of adjudication proceeding initiated by the impugned SCN - Time limitation - Keeping in view the mandate of law as well as sub-section (4B) of Section 73 of the Finance Act, 1994, this Court is of the view that a statutory authority has to decide the show-cause notice within the time prescribed wherever it is possible to do so. - Demand set aside - Refund of deposit ordered.....