https://www.taxtmi.com/caselaws?id=377300 The Tribunal held that subsidy amounts received by the appellants for discharging VAT liability under government schemes should not be included in the assessable value of goods for Central Excise duty calculation. Relying on precedent and legal provisions, the Tribunal concluded that the subsidies constituted legitimate tax payments and should not impact the duty calculation. The appellants' appeals were allowed, overturning the Revenue's demand for duty difference and providing clarity on the exclusion of such subsidies from assessable value calculations. en-us Thu, 08 Nov 2018 00:00:00 +0530 Wed, 27 Mar 2019 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377300 The Tribunal held that subsidy amounts received by the appellants for discharging VAT liability under government schemes should not be included in the assessable value of goods for Central Excise duty calculation. Relying on precedent and legal provisions, the Tribunal concluded that the subsidies constituted legitimate tax payments and should not impact the duty calculation. The appellants' appeals were allowed, overturning the Revenue's demand for duty difference and providing clarity on the exclusion of such subsidies from assessable value calculations. Case-Laws Central Excise Thu, 08 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377300