https://www.taxtmi.com/caselaws?id=753075 The Appellate Tribunal CESTAT Mumbai set aside the impugned orders of the learned Commissioner (Appeals), ruling in favor of the appellant. The Tribunal determined that the incentive received under the Sales Tax package Scheme of Incentive should not be included in the transaction value for Central Excise duty calculation. Citing legal precedents and Section 4(3)(d) of the Central Excise Act, the Tribunal emphasized that taxes actually paid or payable should be excluded. The Tribunal concluded that the Department's argument lacked merit, aligning with the Supreme Court's decision in Mazagon Dock Ltd., and allowed the appeals, thereby dismissing the adjudged demands. en-us Tue, 14 May 2024 00:00:00 +0530 Fri, 24 May 2024 08:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753075 The Appellate Tribunal CESTAT Mumbai set aside the impugned orders of the learned Commissioner (Appeals), ruling in favor of the appellant. The Tribunal determined that the incentive received under the Sales Tax package Scheme of Incentive should not be included in the transaction value for Central Excise duty calculation. Citing legal precedents and Section 4(3)(d) of the Central Excise Act, the Tribunal emphasized that taxes actually paid or payable should be excluded. The Tribunal concluded that the Department's argument lacked merit, aligning with the Supreme Court's decision in Mazagon Dock Ltd., and allowed the appeals, thereby dismissing the adjudged demands. Case-Laws Central Excise Tue, 14 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753075