https://www.taxtmi.com/caselaws?id=85054 The Tribunal found that M/s. Shalin Cosmetics, M/s. Zenith Enterprises, and Sanjay Steel Co. were dummy units of M/s. Lakme Ltd., created to avail undue benefits of an exemption notification. The units were not independent manufacturers and wrongly availed the benefit of the notification. The demand of duty was held to be within the limitation period due to suppression of material facts. Penalties were imposed but reduced for all parties involved. The Tribunal upheld the order with modifications in penalties, confirming the findings against the units and individuals involved. en-us Fri, 16 Feb 1996 00:00:00 +0530 Tue, 02 Aug 2011 15:03:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85054 The Tribunal found that M/s. Shalin Cosmetics, M/s. Zenith Enterprises, and Sanjay Steel Co. were dummy units of M/s. Lakme Ltd., created to avail undue benefits of an exemption notification. The units were not independent manufacturers and wrongly availed the benefit of the notification. The demand of duty was held to be within the limitation period due to suppression of material facts. Penalties were imposed but reduced for all parties involved. The Tribunal upheld the order with modifications in penalties, confirming the findings against the units and individuals involved. Case-Laws Central Excise Fri, 16 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85054