https://www.taxtmi.com/caselaws?id=440386 Sales tax or VAT collected on clearances but later remitted under a State incentive scheme was treated as not includible in central excise assessable value. The key distinction was that the scheme operated by remission, not by blanket exemption at the time of removal, so the tax remained payable when goods were cleared and then stood remitted by the State. On that basis, the amount fell within the exclusion for taxes actually paid or actually payable in transaction value computation. The resulting central excise demand was held unsustainable. en-us Fri, 14 Jul 2023 00:00:00 +0530 Mon, 17 Jul 2023 21:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440386 Sales tax or VAT collected on clearances but later remitted under a State incentive scheme was treated as not includible in central excise assessable value. The key distinction was that the scheme operated by remission, not by blanket exemption at the time of removal, so the tax remained payable when goods were cleared and then stood remitted by the State. On that basis, the amount fell within the exclusion for taxes actually paid or actually payable in transaction value computation. The resulting central excise demand was held unsustainable. Case-Laws Central Excise Fri, 14 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440386