https://www.taxtmi.com/caselaws?id=389226 The Tribunal allowed the appeals of the Appellants, setting aside the order that dismissed their appeals. The Sales Tax subsidy received through VAT-38B challans, used to pay VAT/CST liability of subsequent periods, was deemed not to constitute retention of VAT/CST collected from customers. The Tribunal emphasized that such subsidies should not be included in the assessable value of the final products manufactured by the Appellants, aligning with previous decisions and the legal framework outlined in the Central Excise Act. en-us Thu, 07 Nov 2019 00:00:00 +0530 Wed, 04 Dec 2019 11:05:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389226 The Tribunal allowed the appeals of the Appellants, setting aside the order that dismissed their appeals. The Sales Tax subsidy received through VAT-38B challans, used to pay VAT/CST liability of subsequent periods, was deemed not to constitute retention of VAT/CST collected from customers. The Tribunal emphasized that such subsidies should not be included in the assessable value of the final products manufactured by the Appellants, aligning with previous decisions and the legal framework outlined in the Central Excise Act. Case-Laws Central Excise Thu, 07 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389226