https://www.taxtmi.com/caselaws?id=793845 A post-sale State industrial promotion subsidy linked to fixed capital investment was treated as outside the assessable value for Central Excise because it did not arise from any individual sale transaction. The valuation provisions were applied on the basis that transaction value is determined at the time of removal, and Rule 6 of the Central Excise Valuation Rules covers only additional consideration flowing directly or indirectly from the buyer. As the subsidy did not flow from the buyer and was not payable by the buyer, its later receipt could not alter the transaction value. The subsidy was therefore not includible in assessable value, and the demand and penalty could not be sustained. en-us Tue, 23 Jun 2026 00:00:00 +0530 Thu, 25 Jun 2026 08:27:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793845 A post-sale State industrial promotion subsidy linked to fixed capital investment was treated as outside the assessable value for Central Excise because it did not arise from any individual sale transaction. The valuation provisions were applied on the basis that transaction value is determined at the time of removal, and Rule 6 of the Central Excise Valuation Rules covers only additional consideration flowing directly or indirectly from the buyer. As the subsidy did not flow from the buyer and was not payable by the buyer, its later receipt could not alter the transaction value. The subsidy was therefore not includible in assessable value, and the demand and penalty could not be sustained. Case-Laws Central Excise Tue, 23 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793845