https://www.taxtmi.com/caselaws?id=363678 The Tribunal ruled in favor of the appellants, holding that the subsidy amounts received under the Rajasthan Investment Promotion Scheme and utilized to discharge VAT liability constituted legal tax payments. Following precedent, the Tribunal concluded that including these VAT amounts in the assessable value for excise duty calculation was unjustified. As a result, the impugned orders were set aside, and the appeals were allowed, granting relief to the appellants based on the Tribunal's interpretation of the investment subsidy scheme and its impact on VAT liability. en-us Fri, 29 Jun 2018 00:00:00 +0530 Tue, 17 Jul 2018 07:08:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363678 The Tribunal ruled in favor of the appellants, holding that the subsidy amounts received under the Rajasthan Investment Promotion Scheme and utilized to discharge VAT liability constituted legal tax payments. Following precedent, the Tribunal concluded that including these VAT amounts in the assessable value for excise duty calculation was unjustified. As a result, the impugned orders were set aside, and the appeals were allowed, granting relief to the appellants based on the Tribunal's interpretation of the investment subsidy scheme and its impact on VAT liability. Case-Laws Central Excise Fri, 29 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363678