https://www.taxtmi.com/caselaws?id=772244 The CESTAT Kolkata held that VAT remission amounts retained by the appellant under a State VAT scheme must be included in assessable value for Central Excise duty calculation under Section 4 of the Central Excise Act, 1944. Following SC precedent in Super Synotex case, the tribunal ruled that retained VAT constitutes additional consideration requiring inclusion in assessable value. The appellant was directed to pay differential excise duty with interest for the normal period, but all penalties were set aside. The appeal was disposed of accordingly. en-us Fri, 16 May 2025 00:00:00 +0530 Fri, 06 Jun 2025 08:30:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772244 The CESTAT Kolkata held that VAT remission amounts retained by the appellant under a State VAT scheme must be included in assessable value for Central Excise duty calculation under Section 4 of the Central Excise Act, 1944. Following SC precedent in Super Synotex case, the tribunal ruled that retained VAT constitutes additional consideration requiring inclusion in assessable value. The appellant was directed to pay differential excise duty with interest for the normal period, but all penalties were set aside. The appeal was disposed of accordingly. Case-Laws Central Excise Fri, 16 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772244