https://www.taxtmi.com/caselaws?id=286228 The case involved the interpretation of Section 4(3)(d) of the Central Excise Act regarding the deduction of VAT from the transaction value and the admissibility of deducting VAT subsidy amounts. The Tribunal upheld the decision of the Ld. Commissioner (Appeal) based on previous tribunal decisions, ruling that the subsidy amount need not be included in the transaction value. The judgment emphasized the significance of consistency in legal interpretation based on past decisions and rejected the Revenue's appeal, clarifying the application of Section 4 of the Central Excise Act. en-us Thu, 15 Nov 2018 00:00:00 +0530 Thu, 05 Mar 2020 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286228 The case involved the interpretation of Section 4(3)(d) of the Central Excise Act regarding the deduction of VAT from the transaction value and the admissibility of deducting VAT subsidy amounts. The Tribunal upheld the decision of the Ld. Commissioner (Appeal) based on previous tribunal decisions, ruling that the subsidy amount need not be included in the transaction value. The judgment emphasized the significance of consistency in legal interpretation based on past decisions and rejected the Revenue's appeal, clarifying the application of Section 4 of the Central Excise Act. Case-Laws Central Excise Thu, 15 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286228