https://www.taxtmi.com/caselaws?id=380889 The Tribunal dismissed the Department's appeal, upholding the Order-in-Appeal that the VAT refund/subsidy received by the appellant under a state scheme is not chargeable to Central Excise duty. The Tribunal clarified that the subsidy received in the form of VAT challans was considered a legal payment of tax and not additional consideration for excise duty purposes. This decision was based on the interpretation that the financial assistance from the State Government was not part of the transaction value under the Central Excise Act, 1944. en-us Fri, 15 Feb 2019 00:00:00 +0530 Fri, 31 May 2019 09:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380889 The Tribunal dismissed the Department's appeal, upholding the Order-in-Appeal that the VAT refund/subsidy received by the appellant under a state scheme is not chargeable to Central Excise duty. The Tribunal clarified that the subsidy received in the form of VAT challans was considered a legal payment of tax and not additional consideration for excise duty purposes. This decision was based on the interpretation that the financial assistance from the State Government was not part of the transaction value under the Central Excise Act, 1944. Case-Laws Central Excise Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380889