https://www.taxtmi.com/caselaws?id=786454 Sales tax incentives received under a Package Scheme of Incentives were not includible in the assessable value for central excise where the scheme deemed the sales tax liability to have been paid or fully discharged. The Tribunal applied earlier valuation principles under section 4 of the Central Excise Act, 1944 and held that such incentive amounts do not amount to additional consideration from the buyer and therefore cannot be added to transaction value. As the excise demand could not be sustained on valuation grounds, the related penalty also had no independent basis and was unsustainable. en-us Fri, 17 Oct 2025 00:00:00 +0530 Thu, 12 Feb 2026 21:16:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786454 Sales tax incentives received under a Package Scheme of Incentives were not includible in the assessable value for central excise where the scheme deemed the sales tax liability to have been paid or fully discharged. The Tribunal applied earlier valuation principles under section 4 of the Central Excise Act, 1944 and held that such incentive amounts do not amount to additional consideration from the buyer and therefore cannot be added to transaction value. As the excise demand could not be sustained on valuation grounds, the related penalty also had no independent basis and was unsustainable. Case-Laws Central Excise Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786454