https://www.taxtmi.com/article/detailed?id=5745 The Board clarified that government subsidy paid to fertilizer manufacturers is not part of the consideration flowing from the buyer and therefore is not includible in the assessable value for excise duty. The circular distinguishes subsidy-driven price structure from below-cost market-penetration sales that generate extra-commercial consideration, and confirms that for price-controlled fertilizers the notified MRP is the sole consideration for valuation. en-us Thu, 24 Jul 2014 18:22:33 +0530 Thu, 24 Jul 2014 18:22:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5745 The Board clarified that government subsidy paid to fertilizer manufacturers is not part of the consideration flowing from the buyer and therefore is not includible in the assessable value for excise duty. The circular distinguishes subsidy-driven price structure from below-cost market-penetration sales that generate extra-commercial consideration, and confirms that for price-controlled fertilizers the notified MRP is the sole consideration for valuation. Articles Central Excise Thu, 24 Jul 2014 18:22:33 +0530 https://www.taxtmi.com/article/detailed?id=5745