https://www.taxtmi.com/caselaws?id=463100 The CESTAT Kolkata held that the VAT incentive retained by the appellant under the State VAT scheme must be included in the Assessable Value for excise duty purposes, aligning with the SC's ruling that only the sales tax actually paid to the State is excludible. The Tribunal set aside the confirmed duty demand for the extended period as legally unsustainable but upheld the differential excise duty for the normal period with interest. Penalties were waived considering the case facts. The appeal was partly allowed. en-us Thu, 23 Jan 2025 00:00:00 +0530 Tue, 05 Aug 2025 17:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463100 The CESTAT Kolkata held that the VAT incentive retained by the appellant under the State VAT scheme must be included in the Assessable Value for excise duty purposes, aligning with the SC's ruling that only the sales tax actually paid to the State is excludible. The Tribunal set aside the confirmed duty demand for the extended period as legally unsustainable but upheld the differential excise duty for the normal period with interest. Penalties were waived considering the case facts. The appeal was partly allowed. Case-Laws Central Excise Thu, 23 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463100