Actual cost adjustment requires deduction of excise duty credits and excludes grants from asset cost. Amendments require reduction of an asset's actual cost by excise or additional customs duty amounts for which credit has been claimed under the Central Excise Rules, 1944, and exclude from actual cost any portion met by subsidy, grant or reimbursement from government or others, with non attributable assistance allocated pro rata across relevant assets.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Actual cost adjustment requires deduction of excise duty credits and excludes grants from asset cost.
Amendments require reduction of an asset's actual cost by excise or additional customs duty amounts for which credit has been claimed under the Central Excise Rules, 1944, and exclude from actual cost any portion met by subsidy, grant or reimbursement from government or others, with non attributable assistance allocated pro rata across relevant assets.
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