https://www.taxtmi.com/caselaws?id=363211 Central excise duty was proposed on the VAT/CST subsidy received by a manufacturer, raising the question whether such subsidy formed part of the assessable value. The Tribunal followed its earlier order on the same issue and held that the subsidy value could not be included for excise purposes. As the duty demand failed, the consequential penalty was also not sustainable and was set aside. en-us Fri, 01 Jun 2018 00:00:00 +0530 Tue, 10 Jul 2018 07:30:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363211 Central excise duty was proposed on the VAT/CST subsidy received by a manufacturer, raising the question whether such subsidy formed part of the assessable value. The Tribunal followed its earlier order on the same issue and held that the subsidy value could not be included for excise purposes. As the duty demand failed, the consequential penalty was also not sustainable and was set aside. Case-Laws Central Excise Fri, 01 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363211