https://www.taxtmi.com/caselaws?id=359190 VAT/Sales Tax retained by assessees under an industrial incentive scheme was examined for inclusion in assessable value for central excise duty, where 99% of the tax collected was retained and 1% deposited with the State Exchequer. The adjudication had treated the retained portion as includible in value. Following an earlier coordinate bench approach on identical issues, the impugned order was set aside and the matter remanded for fresh adjudication de novo, with liberty to adduce fresh evidence and after granting reasonable opportunity. The issue was thus not decided on merits and remained open for reconsideration. en-us Wed, 21 Mar 2018 00:00:00 +0530 Wed, 25 Apr 2018 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359190 VAT/Sales Tax retained by assessees under an industrial incentive scheme was examined for inclusion in assessable value for central excise duty, where 99% of the tax collected was retained and 1% deposited with the State Exchequer. The adjudication had treated the retained portion as includible in value. Following an earlier coordinate bench approach on identical issues, the impugned order was set aside and the matter remanded for fresh adjudication de novo, with liberty to adduce fresh evidence and after granting reasonable opportunity. The issue was thus not decided on merits and remained open for reconsideration. Case-Laws Central Excise Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359190