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2019 (1) TMI 970 - AT - Central ExciseValuation - inclusion of investment subsidy received in assessable value - Held that:- The matter is no longer res-integra as on the similar facts, various decisions have been passed by this Tribunal, wherein it has been held that there is no justification for inclusion of the subsidy used for the payment of VAT amount in the assessable value and accordingly the demand of central excise duty on this account has been dismissed - reliance placed in the case of SHREE CEMENT LTD. SHREE JAIPUR CEMENT LTD. VERSUS CCE, ALWAR [2018 (1) TMI 915 - CESTAT NEW DELHI] - amount need not be included in assessable value - appeal allowed - decided in favor of appellant.
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