https://www.taxtmi.com/caselaws?id=87220 Clearances of two separately incorporated units could not be clubbed to deny exemption where the only indicated link was interchangeability of employees, because there was no finding of financial flowback or comparable financial interdependence between the units. On the material recorded, that absence was decisive: the department had not established the basis required for clubbing clearances, so denial of exemption was not justified and the assessee's position was upheld. The departmental challenge to the Collector's order therefore failed. en-us Fri, 25 Jul 1997 00:00:00 +0530 Sat, 03 Sep 2011 15:16:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87220 Clearances of two separately incorporated units could not be clubbed to deny exemption where the only indicated link was interchangeability of employees, because there was no finding of financial flowback or comparable financial interdependence between the units. On the material recorded, that absence was decisive: the department had not established the basis required for clubbing clearances, so denial of exemption was not justified and the assessee's position was upheld. The departmental challenge to the Collector's order therefore failed. Case-Laws Central Excise Fri, 25 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87220