The Customs, Excise and Service Tax Appellate Tribunal, New Delhi in the case of Maihar Cement v. CCE & ST Jabalpur allowing the appeal held: if subsidy amount is paid by way of VAT 37B Challans or is adjusted against the VAT Payable, they shall not be included in the assessable value. The assessee, a […]
The post No Inclusion in Assessable Value if Subsidy Amount Paid by Challan or is Adjusted: CESTAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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