https://www.taxtmi.com/caselaws?id=362698 The Tribunal ruled in favor of the appellant, holding that subsidy amounts disbursed under the Rajasthan Investment Promotion Scheme should not be included in the assessable value of goods for excise duty calculation under Section 4 of the Central Excise Act. Additionally, the Tribunal determined that VAT liability discharged using subsidy challans should be considered as VAT actually paid, in line with the legal provisions and judicial precedents cited. The impugned orders were set aside, and the appeal was allowed, providing consequential relief to the appellant based on the analysis of relevant laws and schemes. en-us Mon, 21 May 2018 00:00:00 +0530 Mon, 02 Jul 2018 10:52:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362698 The Tribunal ruled in favor of the appellant, holding that subsidy amounts disbursed under the Rajasthan Investment Promotion Scheme should not be included in the assessable value of goods for excise duty calculation under Section 4 of the Central Excise Act. Additionally, the Tribunal determined that VAT liability discharged using subsidy challans should be considered as VAT actually paid, in line with the legal provisions and judicial precedents cited. The impugned orders were set aside, and the appeal was allowed, providing consequential relief to the appellant based on the analysis of relevant laws and schemes. Case-Laws Central Excise Mon, 21 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362698