https://www.taxtmi.com/caselaws?id=774264 CESTAT Kolkata held that retained VAT amounts under state remission schemes must be included in assessable value for excise duty calculation, following SC precedent in Super Synotex case. However, the extended period demand was set aside as the legal position was unsettled when the appellant acted, with various tribunal decisions supporting their position. The appellant was liable for differential excise duty and interest for the normal limitation period only, with all penalties set aside. Appeal allowed in part. en-us Wed, 02 Jul 2025 00:00:00 +0530 Mon, 07 Jul 2025 08:42:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774264 CESTAT Kolkata held that retained VAT amounts under state remission schemes must be included in assessable value for excise duty calculation, following SC precedent in Super Synotex case. However, the extended period demand was set aside as the legal position was unsettled when the appellant acted, with various tribunal decisions supporting their position. The appellant was liable for differential excise duty and interest for the normal limitation period only, with all penalties set aside. Appeal allowed in part. Case-Laws Central Excise Wed, 02 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774264