https://www.taxtmi.com/caselaws?id=250825 The Tribunal ruled in favor of the appellant in a case concerning the inclusion of subsidy in the assessable value for charging duty on Phosphatic and Potassic (P & K) fertilizers. The appellant successfully argued that the subsidy received should not be considered as an additional consideration for excise duty purposes, citing a Board's Circular. The Tribunal agreed that the subsidy was in the public interest and did not provide manufacturers with an extra commercial advantage. As a result, the appeal was allowed, providing relief to the appellant. en-us Mon, 21 Jul 2014 00:00:00 +0530 Fri, 07 Aug 2015 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250825 The Tribunal ruled in favor of the appellant in a case concerning the inclusion of subsidy in the assessable value for charging duty on Phosphatic and Potassic (P & K) fertilizers. The appellant successfully argued that the subsidy received should not be considered as an additional consideration for excise duty purposes, citing a Board's Circular. The Tribunal agreed that the subsidy was in the public interest and did not provide manufacturers with an extra commercial advantage. As a result, the appeal was allowed, providing relief to the appellant. Case-Laws Central Excise Mon, 21 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250825