https://www.taxtmi.com/caselaws?id=395470 The Tribunal upheld the Commissioner (Appeals) decision, dismissing the Department's appeal and affirming that VAT paid using subsidy Challans should not form part of the assessable value for excise duty calculation. The decision was based on the interpretation that actual payment of VAT, including through subsidy Challans, should be deducted from the transaction value, aligning with established legal principles and previous judgments. en-us Thu, 19 Sep 2019 00:00:00 +0530 Sat, 23 May 2020 10:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395470 The Tribunal upheld the Commissioner (Appeals) decision, dismissing the Department's appeal and affirming that VAT paid using subsidy Challans should not form part of the assessable value for excise duty calculation. The decision was based on the interpretation that actual payment of VAT, including through subsidy Challans, should be deducted from the transaction value, aligning with established legal principles and previous judgments. Case-Laws Central Excise Thu, 19 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395470