https://www.taxtmi.com/caselaws?id=307228 The Tribunal allowed the appeal, holding that the capital subsidy utilized by the appellant to discharge sales tax liability, received in the form of specific vouchers from the State Government, should not be added to the assessable value of excisable goods. The decision aligned with the precedent set in a previous case and clarified that such subsidies, when utilized for tax payment through designated vouchers, do not impact the assessable value for excise duty calculation under the Central Excise Act. en-us Fri, 17 Jan 2020 00:00:00 +0530 Wed, 29 Mar 2023 08:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307228 The Tribunal allowed the appeal, holding that the capital subsidy utilized by the appellant to discharge sales tax liability, received in the form of specific vouchers from the State Government, should not be added to the assessable value of excisable goods. The decision aligned with the precedent set in a previous case and clarified that such subsidies, when utilized for tax payment through designated vouchers, do not impact the assessable value for excise duty calculation under the Central Excise Act. Case-Laws Central Excise Fri, 17 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307228