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Central Excise - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Valuation of goods - assessee entitled to retain 75% of sales ...


Assessee's Sales Tax Incentive Revised: Retain Only 25% of Tax Paid Post-July 1, 2000.

March 1, 2014

Case Laws     Central Excise     SC

Valuation of goods - assessee entitled to retain 75% of sales tax as incentive - w.e.f 1.7.2000 they shall only be entitled to the benefit of the amount “actually paid” to the Department, i.e., 25%. - SC

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