https://www.taxtmi.com/caselaws?id=360845 The Tribunal ruled in favor of the appellants, holding that subsidies received in the form of remission of tax related to capital investment should not be included in the assessable value for excise duty calculation. The Tribunal emphasized that VAT amounts paid using VAT 37B Challans should not be part of the assessable value. The impugned orders were set aside, and the appeals filed by the appellants were allowed. en-us Fri, 18 May 2018 00:00:00 +0530 Thu, 24 May 2018 07:04:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360845 The Tribunal ruled in favor of the appellants, holding that subsidies received in the form of remission of tax related to capital investment should not be included in the assessable value for excise duty calculation. The Tribunal emphasized that VAT amounts paid using VAT 37B Challans should not be part of the assessable value. The impugned orders were set aside, and the appeals filed by the appellants were allowed. Case-Laws Central Excise Fri, 18 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360845