https://www.taxtmi.com/highlights?id=37552 Valuation - includibility - the amount which was categorized as ‘other income’ was recovered as sales tax but not paid to the sales tax department - As per the definition of transaction value in Section 4(3)(d), such amount cannot be excluded from assessable value since it has lost the colour of tax being neither paid nor payable as tax. - AT en-us Tue, 16 Jan 2018 09:24:32 +0530 Tue, 16 Jan 2018 09:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37552 Valuation - includibility - the amount which was categorized as ‘other income’ was recovered as sales tax but not paid to the sales tax department - As per the definition of transaction value in Section 4(3)(d), such amount cannot be excluded from assessable value since it has lost the colour of tax being neither paid nor payable as tax. - AT Highlights Central Excise Tue, 16 Jan 2018 09:24:32 +0530 https://www.taxtmi.com/highlights?id=37552