https://www.taxtmi.com/caselaws?id=760453 The Tribunal allowed the appeal, setting aside the confirmed demands for the periods 2011-2015, 2016-2018, and the extended period, ruling that the 75% VAT/CST subsidy received should not be included in the Assessable Value for Excise Duty. The Tribunal relied on precedents, including the Mahindra Steel case, and found no willful evasion, thus dismissing the demands due to time limitations. en-us Wed, 04 Sep 2024 00:00:00 +0530 Tue, 22 Oct 2024 08:34:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760453 The Tribunal allowed the appeal, setting aside the confirmed demands for the periods 2011-2015, 2016-2018, and the extended period, ruling that the 75% VAT/CST subsidy received should not be included in the Assessable Value for Excise Duty. The Tribunal relied on precedents, including the Mahindra Steel case, and found no willful evasion, thus dismissing the demands due to time limitations. Case-Laws Central Excise Wed, 04 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760453