Sanctioned Refund cannot be considered as “erroneous”

RNB Carbides & Ferro Alloys Private Limited Vs Commissioner of Central Excise (CESTAT Kolkata) Current appeal has been filed against Order-in-Appeal No.29/SH/CE(A)/GHY/09 dated December 18, 2009 (OIA), wherein the revenue after scrutinizing the M/s. RNB Carbides & Ferro Alloys Private Limited (Appellants) accounts book held that the Appellants had overvalued its products by including freight charges and issued the Show Cause Notices (SCN) to recover the excess refund which were availed by the Appellants. Larger Period of Limitation was invoked by the Revenue on the ground that the Appe...