https://www.taxtmi.com/caselaws?id=438835 A subsidy received under the Rajasthan Investment Promotion Scheme, 2010 was not includible in assessable value under section 4(3)(d) of the Central Excise Act, 1944 because the full sales tax collected from customers was paid through the prescribed mechanism and the subsidy did not operate as any amount retained from that collection. It was therefore not additional consideration for the sale of goods and did not reduce the selling price or transaction value. The ruling in Super Synotex India was held inapplicable on these facts, and the subsidy was excluded from central excise valuation. en-us Tue, 30 May 2023 00:00:00 +0530 Sat, 10 Jun 2023 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438835 A subsidy received under the Rajasthan Investment Promotion Scheme, 2010 was not includible in assessable value under section 4(3)(d) of the Central Excise Act, 1944 because the full sales tax collected from customers was paid through the prescribed mechanism and the subsidy did not operate as any amount retained from that collection. It was therefore not additional consideration for the sale of goods and did not reduce the selling price or transaction value. The ruling in Super Synotex India was held inapplicable on these facts, and the subsidy was excluded from central excise valuation. Case-Laws Central Excise Tue, 30 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438835