https://www.taxtmi.com/caselaws?id=799083 Sales tax subsidy granted under the Rajasthan Investment Promotion Scheme, 2010 through VAT/CST challans is excluded from the assessable value of excisable goods where the assessee remits the full VAT/CST collected from customers to the State. Because the challans merely discharge future VAT/CST liabilities, without reducing the sale price or allowing retention of collected tax, the subsidy is not additional consideration for the sale and does not enter transaction value under the Central Excise Act. Consequently, no excise duty or penalty arises on that subsidy. en-us Tue, 01 Sep 2026 00:00:00 +0530 Thu, 17 Sep 2026 07:52:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799083 Sales tax subsidy granted under the Rajasthan Investment Promotion Scheme, 2010 through VAT/CST challans is excluded from the assessable value of excisable goods where the assessee remits the full VAT/CST collected from customers to the State. Because the challans merely discharge future VAT/CST liabilities, without reducing the sale price or allowing retention of collected tax, the subsidy is not additional consideration for the sale and does not enter transaction value under the Central Excise Act. Consequently, no excise duty or penalty arises on that subsidy. Case-Laws Central Excise Tue, 01 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799083