https://www.taxtmi.com/caselaws?id=354179 The Tribunal held that subsidy amounts received by the appellants under the Rajasthan Investment Promotion Scheme should not be included in the assessable value of goods for VAT liability calculation. The Tribunal found that the VAT amounts paid using subsidy funds through Challan Form 37B should be considered as actual payment of tax, leading to the setting aside of the impugned orders and allowing the appeals. en-us Thu, 18 Jan 2018 00:00:00 +0530 Thu, 29 Aug 2019 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354179 The Tribunal held that subsidy amounts received by the appellants under the Rajasthan Investment Promotion Scheme should not be included in the assessable value of goods for VAT liability calculation. The Tribunal found that the VAT amounts paid using subsidy funds through Challan Form 37B should be considered as actual payment of tax, leading to the setting aside of the impugned orders and allowing the appeals. Case-Laws Central Excise Thu, 18 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354179