https://www.taxtmi.com/caselaws?id=789618 Retention of sales tax incentives under the Goa NPV scheme was treated as not forming part of the transaction value for central excise. Applying settled precedent, the difference between the tax collected and the net present value paid to the State was held not to be additional consideration flowing from the buyer to the manufacturer. On that basis, inclusion in assessable value under Section 4 of the Central Excise Act, 1944 read with the valuation rules was not sustainable, and the Revenue's challenge failed. en-us Fri, 14 Nov 2025 00:00:00 +0530 Sat, 11 Apr 2026 08:53:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789618 Retention of sales tax incentives under the Goa NPV scheme was treated as not forming part of the transaction value for central excise. Applying settled precedent, the difference between the tax collected and the net present value paid to the State was held not to be additional consideration flowing from the buyer to the manufacturer. On that basis, inclusion in assessable value under Section 4 of the Central Excise Act, 1944 read with the valuation rules was not sustainable, and the Revenue's challenge failed. Case-Laws Central Excise Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789618