https://www.taxtmi.com/caselaws?id=775569 The CESTAT Kolkata held that the appellant's retention of 99% of the VAT under the State VAT remission scheme constituted a sales tax concession that must be included in the assessable value for Central Excise duty under Section 4 of the Central Excise Act, 1944. Consequently, the appellant was liable to pay the differential excise duty along with interest. However, considering the case facts, all penalties imposed were set aside. The appeal was allowed in part. en-us Mon, 14 Jul 2025 00:00:00 +0530 Mon, 28 Jul 2025 08:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775569 The CESTAT Kolkata held that the appellant's retention of 99% of the VAT under the State VAT remission scheme constituted a sales tax concession that must be included in the assessable value for Central Excise duty under Section 4 of the Central Excise Act, 1944. Consequently, the appellant was liable to pay the differential excise duty along with interest. However, considering the case facts, all penalties imposed were set aside. The appeal was allowed in part. Case-Laws Central Excise Mon, 14 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775569