https://www.taxtmi.com/caselaws?id=290075 The Tribunal upheld the Commissioner's decision, ruling that the VAT amounts retained by the respondent using VAT 37B Challans need not be included in the assessable value for excise duty calculation. The Tribunal emphasized that the VAT subsidies received were legitimate payments under the Rajasthan Government scheme, and therefore, there was no justification for including these amounts in the assessable value. As a result, the Department's appeal was dismissed. en-us Tue, 30 Jul 2019 00:00:00 +0530 Mon, 07 Sep 2020 19:31:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290075 The Tribunal upheld the Commissioner's decision, ruling that the VAT amounts retained by the respondent using VAT 37B Challans need not be included in the assessable value for excise duty calculation. The Tribunal emphasized that the VAT subsidies received were legitimate payments under the Rajasthan Government scheme, and therefore, there was no justification for including these amounts in the assessable value. As a result, the Department's appeal was dismissed. Case-Laws Central Excise Tue, 30 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290075