https://www.taxtmi.com/caselaws?id=440548 Subsidy received under the Rajasthan Investment Promotion Scheme, 2010 was held not to form part of the assessable value for central excise duty under section 4 of the Central Excise Act, 1944. The Tribunal's earlier reference answer found that the subsidy did not reduce the selling price, was not additional sale consideration, and did not affect the transaction value, and the facts were not governed by Super Synotex India. On that basis, the challenge to inclusion of the subsidy in valuation failed, the duty demand was set aside, and the appeal was allowed. en-us Wed, 12 Jul 2023 00:00:00 +0530 Fri, 21 Jul 2023 08:24:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440548 Subsidy received under the Rajasthan Investment Promotion Scheme, 2010 was held not to form part of the assessable value for central excise duty under section 4 of the Central Excise Act, 1944. The Tribunal's earlier reference answer found that the subsidy did not reduce the selling price, was not additional sale consideration, and did not affect the transaction value, and the facts were not governed by Super Synotex India. On that basis, the challenge to inclusion of the subsidy in valuation failed, the duty demand was set aside, and the appeal was allowed. Case-Laws Central Excise Wed, 12 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440548