https://www.taxtmi.com/caselaws?id=356985 The appeal was filed against the inclusion of interest subsidy in the assessable value of goods cleared during a disputed period. The Tribunal referred to a similar case and concluded that subsidies received under government schemes should not be included in the assessable value of goods. The decision clarified the treatment of subsidies in excise duty assessment, emphasizing the distinction between subsidies and actual tax payments. The impugned order was set aside, and the appeal was allowed, setting a precedent for cases involving government incentives and tax liabilities. en-us Thu, 25 Jan 2018 00:00:00 +0530 Thu, 15 Mar 2018 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356985 The appeal was filed against the inclusion of interest subsidy in the assessable value of goods cleared during a disputed period. The Tribunal referred to a similar case and concluded that subsidies received under government schemes should not be included in the assessable value of goods. The decision clarified the treatment of subsidies in excise duty assessment, emphasizing the distinction between subsidies and actual tax payments. The impugned order was set aside, and the appeal was allowed, setting a precedent for cases involving government incentives and tax liabilities. Case-Laws Central Excise Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356985