https://www.taxtmi.com/caselaws?id=769269 For SSI exemption, clearances of a separately incorporated and independently registered manufacturer cannot be clubbed with those of its holding company merely because of shareholding or control. The exemption notification did not contain any express basis for treating interconnected, holding, or subsidiary companies as one unit for denial of benefit, and the parties maintained separate registration, records, and accounts. Transaction value principles under the Central Excise Act were held not to govern SSI exemption clubbing. Accordingly, denial of the exemption on clubbing grounds was unsustainable where separate legal existence and independent manufacture were established. en-us Fri, 04 Apr 2025 00:00:00 +0530 Wed, 23 Apr 2025 09:09:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769269 For SSI exemption, clearances of a separately incorporated and independently registered manufacturer cannot be clubbed with those of its holding company merely because of shareholding or control. The exemption notification did not contain any express basis for treating interconnected, holding, or subsidiary companies as one unit for denial of benefit, and the parties maintained separate registration, records, and accounts. Transaction value principles under the Central Excise Act were held not to govern SSI exemption clubbing. Accordingly, denial of the exemption on clubbing grounds was unsustainable where separate legal existence and independent manufacture were established. Case-Laws Central Excise Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769269