https://www.taxtmi.com/caselaws?id=46704 The Supreme Court held that seven companies, despite appearing distinct on paper, were established to avail of exemption under the Central Excise Act by engaging in activities together with common funding and financial flow. The Court set aside the Tribunal's order as it had not considered circulars treating a limited company as a separate entity for exemption limit. The matter was remitted for fresh consideration to assess the impact of these circulars on exemption eligibility, emphasizing the need to examine all relevant legal provisions and circulars in such cases. en-us Thu, 16 Oct 2003 00:00:00 +0530 Tue, 29 Apr 2014 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46704 The Supreme Court held that seven companies, despite appearing distinct on paper, were established to avail of exemption under the Central Excise Act by engaging in activities together with common funding and financial flow. The Court set aside the Tribunal's order as it had not considered circulars treating a limited company as a separate entity for exemption limit. The matter was remitted for fresh consideration to assess the impact of these circulars on exemption eligibility, emphasizing the need to examine all relevant legal provisions and circulars in such cases. Case-Laws Central Excise Thu, 16 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46704