https://www.taxtmi.com/caselaws?id=440490 A subsidy received under the Rajasthan Investment Promotion Scheme, 2010 was not includible in the assessable value for central excise because it did not operate as additional consideration for the sale and did not depress the selling price of the goods. The related sales tax collected from buyers was passed on in accordance with the scheme, so the subsidy could not be brought into transaction value under section 4 of the Central Excise Act, 1944. The precedent in Super Synotex India was held inapplicable on those facts, and the demand was not sustainable. en-us Wed, 12 Jul 2023 00:00:00 +0530 Thu, 20 Jul 2023 08:28:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440490 A subsidy received under the Rajasthan Investment Promotion Scheme, 2010 was not includible in the assessable value for central excise because it did not operate as additional consideration for the sale and did not depress the selling price of the goods. The related sales tax collected from buyers was passed on in accordance with the scheme, so the subsidy could not be brought into transaction value under section 4 of the Central Excise Act, 1944. The precedent in Super Synotex India was held inapplicable on those facts, and the demand was not sustainable. Case-Laws Central Excise Wed, 12 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440490