https://www.taxtmi.com/caselaws?id=782077 CESTAT held that VAT/CST amounts reimbursed by the Andhra Pradesh Government as incentive/grant to the appellant are not includible in the assessable value under Section 4 of the Central Excise Act, 1944. Relying on prior CESTAT decisions, it found that such subsidies are not additional consideration, do not affect the selling price, and that VAT actually paid is excludible from transaction value. Consequently, the demand based on inclusion of these incentives failed on merits. The Tribunal also held there was no suppression of facts, rendering the extended period of limitation inapplicable. The appeal was allowed both on merits and on limitation. en-us Fri, 21 Nov 2025 00:00:00 +0530 Tue, 25 Nov 2025 08:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782077 CESTAT held that VAT/CST amounts reimbursed by the Andhra Pradesh Government as incentive/grant to the appellant are not includible in the assessable value under Section 4 of the Central Excise Act, 1944. Relying on prior CESTAT decisions, it found that such subsidies are not additional consideration, do not affect the selling price, and that VAT actually paid is excludible from transaction value. Consequently, the demand based on inclusion of these incentives failed on merits. The Tribunal also held there was no suppression of facts, rendering the extended period of limitation inapplicable. The appeal was allowed both on merits and on limitation. Case-Laws Central Excise Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782077