https://www.taxtmi.com/caselaws?id=367747 The Tribunal allowed the appeal, setting aside the impugned order regarding the treatment of subsidies received by the appellants under Rajasthan Government schemes. It held that the subsidy amounts, considered legal tax payments under the scheme, should not be included in the assessable value of goods manufactured by the appellants. The decision emphasized the distinction between actual VAT payment and subsidy utilization, supporting the appellants' position that VAT paid using subsidies in form 37B should be considered as actual payment, in line with the scheme requirements. en-us Fri, 13 Jul 2018 00:00:00 +0530 Wed, 26 Sep 2018 08:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367747 The Tribunal allowed the appeal, setting aside the impugned order regarding the treatment of subsidies received by the appellants under Rajasthan Government schemes. It held that the subsidy amounts, considered legal tax payments under the scheme, should not be included in the assessable value of goods manufactured by the appellants. The decision emphasized the distinction between actual VAT payment and subsidy utilization, supporting the appellants' position that VAT paid using subsidies in form 37B should be considered as actual payment, in line with the scheme requirements. Case-Laws Central Excise Fri, 13 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367747