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Commnr. of Central Excise, Jaipur Versus M/s. National Engg. Industries

2015 (5) TMI 448 - SUPREME COURT

Valuation - inclusion of sales tax amount - sales tax was paid at concessional rates under the sales tax incentive scheme - Held that:- Assessee would be entitled to claim deductions towards sales tax from the assessable value of the sales tax which .....

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lue'. - Thus, insofar as the period up to 1.7.2000 is concerned, case has to be decided in favour of the assessee and for the period from 1.7.2000 the benefit availed under the sales tax has to be included while arriving at the transaction value. - D .....

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nchanda, Adv. and Mr. B. Krishna Prasad, Adv. For the Respondents : Ms. Meenakshi Arora, Sr. Adv., Mr. Rahul Narayan, Adv., Mr. Mohit Singh, Adv. Ms. Vandana Gogna, Adv. and Ms. Mahima Sareen, Adv. ORDER The respondent assessee is engaged in the manu .....

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tax incentive scheme which was floated by the State of Rajasthan. The question arose as to whether the benefit of sales tax which was availed by the respondent would be included while fixing the value of the product for the purpose of payment of exc .....

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o claim deductions towards sales tax from the assessable value of the sales tax which is retained by the assessee. The Court also pointed out that this position had changed after the amendment in Section 4 w.e.f . 1.7.2000 and in arriving 'transa .....

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