Subsidy Credited Under Sales Tax via VAT Challan Not Considered Additional Consideration for Assessee.

Subsidy Credited Under Sales Tax via VAT Challan Not Considered Additional Consideration for Assessee. https://www.taxtmi.com/highlights?id=43859 Valuation - the subsidy has been paid to assessee by the State Government. Only the mode of payment is by way of crediting the sales tax head under VAT challan in favour of the appellant. Thus, it could not be said that the amount is in the nature of additional consideration. en-us Sat, 12 Jan 2019 06:46:53 +0530 Sat, 12 Jan 2019 06:46:53 +0530 TaxTMI RSS Generator Subsidy Credited Under Sales Tax via VAT Challan Not Considered Additional Consideration for Assessee. https://www.taxtmi.com/highlights?id=43859 Valuation - the subsidy has been paid to assessee by the State Government. Only the mode of payment is by way of crediting the sales tax head under VAT challan in favour of the appellant. Thus, it could not be said that the amount is in the nature of additional consideration. Highlights Central Excise Sat, 12 Jan 2019 06:46:53 +0530 https://www.taxtmi.com/highlights?id=43859