https://www.taxtmi.com/caselaws?id=767573 CESTAT Hyderabad held that Central Excise Duty is not leviable on government subsidies provided to fertilizer companies. The tribunal distinguished the case from Supreme Court precedent, ruling that subsidies do not constitute additional consideration since the government is not the buyer. Following Board Circular No.983/7/2014-CX, excise duty applies only to Maximum Retail Price, not subsidy components. The statutory provisions require additional consideration to flow from buyer to seller, which does not occur with government subsidies under fertilizer policy measures. Appeal was allowed. en-us Tue, 18 Mar 2025 00:00:00 +0530 Fri, 21 Mar 2025 08:25:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767573 CESTAT Hyderabad held that Central Excise Duty is not leviable on government subsidies provided to fertilizer companies. The tribunal distinguished the case from Supreme Court precedent, ruling that subsidies do not constitute additional consideration since the government is not the buyer. Following Board Circular No.983/7/2014-CX, excise duty applies only to Maximum Retail Price, not subsidy components. The statutory provisions require additional consideration to flow from buyer to seller, which does not occur with government subsidies under fertilizer policy measures. Appeal was allowed. Case-Laws Central Excise Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767573