https://www.taxtmi.com/caselaws?id=83116 Clearances of separately incorporated units cannot be clubbed merely because they received interest-free loans or shared some management features. Clubbing requires evidence of real control, profit sharing, flow back of funds, or a mere facade created for tax evasion; those factors were absent where the units had separate incorporation, licences, registrations, bank accounts, transactions, and independent functioning. The concept of a related person under valuation rules is distinct from a dummy unit, and common directors or financial assistance alone do not establish either status. On these facts, denial of exemption under Notification No. 175/86-C.E. was unsustainable, and the extended period and penalty could not be invoked. en-us Wed, 23 Mar 1994 00:00:00 +0530 Thu, 16 Oct 2025 19:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83116 Clearances of separately incorporated units cannot be clubbed merely because they received interest-free loans or shared some management features. Clubbing requires evidence of real control, profit sharing, flow back of funds, or a mere facade created for tax evasion; those factors were absent where the units had separate incorporation, licences, registrations, bank accounts, transactions, and independent functioning. The concept of a related person under valuation rules is distinct from a dummy unit, and common directors or financial assistance alone do not establish either status. On these facts, denial of exemption under Notification No. 175/86-C.E. was unsustainable, and the extended period and penalty could not be invoked. Case-Laws Central Excise Wed, 23 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83116