https://www.taxtmi.com/caselaws?id=342439 Sales tax remitted under the Gujarat incentive scheme was held outside the assessable value for central excise because the levy was legally payable and then waived as a capital incentive linked to fixed investment. The transaction value under section 4 of the Central Excise Act, 1944 excludes sales tax actually paid or actually payable, and the remitted amount did not become additional consideration from the buyer. The facts were distinguished from an exemption-based incentive, so the ratio of Super Synotex did not apply. The impugned orders were upheld and the Revenue's appeals failed. en-us Thu, 23 Mar 2017 00:00:00 +0530 Wed, 10 Jun 2026 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342439 Sales tax remitted under the Gujarat incentive scheme was held outside the assessable value for central excise because the levy was legally payable and then waived as a capital incentive linked to fixed investment. The transaction value under section 4 of the Central Excise Act, 1944 excludes sales tax actually paid or actually payable, and the remitted amount did not become additional consideration from the buyer. The facts were distinguished from an exemption-based incentive, so the ratio of Super Synotex did not apply. The impugned orders were upheld and the Revenue's appeals failed. Case-Laws Central Excise Thu, 23 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342439