https://www.taxtmi.com/caselaws?id=446792 CESTAT New Delhi held that industrial subsidies comprising 75% of Sales Tax/VAT/CST paid, received from Madhya Pradesh Government under Industrial Promotion Policy 2010, cannot be included in transaction value under section 4 of Central Excise Act 1944. The tribunal determined such subsidies do not constitute additional consideration flowing from buyers to assessee. Following precedent in interim orders involving multiple appellants, CESTAT ruled subsidy amounts cannot be included in transaction value for central excise duty levy purposes. Principal Commissioner's order dated 31.12.2018 was set aside and appeal allowed. en-us Mon, 11 Dec 2023 00:00:00 +0530 Mon, 16 Feb 2026 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446792 CESTAT New Delhi held that industrial subsidies comprising 75% of Sales Tax/VAT/CST paid, received from Madhya Pradesh Government under Industrial Promotion Policy 2010, cannot be included in transaction value under section 4 of Central Excise Act 1944. The tribunal determined such subsidies do not constitute additional consideration flowing from buyers to assessee. Following precedent in interim orders involving multiple appellants, CESTAT ruled subsidy amounts cannot be included in transaction value for central excise duty levy purposes. Principal Commissioner's order dated 31.12.2018 was set aside and appeal allowed. Case-Laws Central Excise Mon, 11 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446792