https://www.taxtmi.com/caselaws?id=344148 Sales tax remitted under the Gujarat incentive scheme was held not includible in the assessable value of excisable goods because the valuation of central excise is based on transaction value and excludes sales tax actually paid or actually payable. The Tribunal treated remission as distinct from exemption: tax remained payable at removal and was later remitted by the State authority, so it did not become additional consideration from buyer to seller. Following its earlier ruling on an identical scheme, the Tribunal found the duty demand unsustainable. en-us Thu, 18 May 2017 00:00:00 +0530 Fri, 09 Jun 2017 05:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344148 Sales tax remitted under the Gujarat incentive scheme was held not includible in the assessable value of excisable goods because the valuation of central excise is based on transaction value and excludes sales tax actually paid or actually payable. The Tribunal treated remission as distinct from exemption: tax remained payable at removal and was later remitted by the State authority, so it did not become additional consideration from buyer to seller. Following its earlier ruling on an identical scheme, the Tribunal found the duty demand unsustainable. Case-Laws Central Excise Thu, 18 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344148