https://www.taxtmi.com/caselaws?id=373805 The Tribunal allowed the appeal, setting aside the central excise duty demand related to VAT payment using investment subsidy under the Rajasthan Investment Promotion Scheme, 2010. It held that the subsidy used for VAT payment was deductible under the Central Excise Act, distinguishing it from an exemption. The Tribunal emphasized that the subsidy constituted legal tax payment and should not be included in the assessable value, following precedent cases and Supreme Court rulings on the necessity of actual VAT payment for excise duty benefits. en-us Thu, 13 Dec 2018 00:00:00 +0530 Mon, 21 Jan 2019 07:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373805 The Tribunal allowed the appeal, setting aside the central excise duty demand related to VAT payment using investment subsidy under the Rajasthan Investment Promotion Scheme, 2010. It held that the subsidy used for VAT payment was deductible under the Central Excise Act, distinguishing it from an exemption. The Tribunal emphasized that the subsidy constituted legal tax payment and should not be included in the assessable value, following precedent cases and Supreme Court rulings on the necessity of actual VAT payment for excise duty benefits. Case-Laws Central Excise Thu, 13 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373805