https://www.taxtmi.com/caselaws?id=341179 The Tribunal held that the subsidy received by M/s Hindustan Insecticides Ltd. is to be treated as additional consideration for the sale of goods under the Central Excise Act and Valuation Rules. The subsidy was deemed linked to the supply of DDT and should be included in the transaction value. However, the demand for duty beyond one year was considered time-barred due to the appellant's disclosure of receiving the subsidy. The matter was remanded for re-quantification of the demand within the one-year period, resulting in a partial allowance of the appeal. en-us Thu, 30 Mar 2017 00:00:00 +0530 Wed, 03 Jan 2018 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341179 The Tribunal held that the subsidy received by M/s Hindustan Insecticides Ltd. is to be treated as additional consideration for the sale of goods under the Central Excise Act and Valuation Rules. The subsidy was deemed linked to the supply of DDT and should be included in the transaction value. However, the demand for duty beyond one year was considered time-barred due to the appellant's disclosure of receiving the subsidy. The matter was remanded for re-quantification of the demand within the one-year period, resulting in a partial allowance of the appeal. Case-Laws Central Excise Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341179