No Limitation on Refund of Personal Ledger Accounts (PLA) deposit

Reckitt Benckiser Healthcare India Pvt. Ltd. Vs Commissioner of Central Goods and Service Tax (CESTAT Chandigarh) PLA (Personal Ledger Accounts) deposits are mere deposits for the purpose of their utilisation in the future and the same is not duty, in which case the provision of section 11B of the Central Excise Act, 1944 would not apply and if the same is not in a position to utilise, the depositor has to be held as the owner of the said amount which is required to be refunded to them in the absence of any limitation prescribed under the Act for such refunds. Even the Hon’ble High Court of ...