https://www.taxtmi.com/caselaws?id=49956 Common employees, common office, common directors, transfer of machinery without documentation, and joint bank, utility and managerial arrangements established unity of financial and managerial control, so Asahi Safety Industries was treated as a facade of Akay Filtips and clubbing of clearances under Notification No. 175/86 was upheld, with the duty demand maintained. Penalties on Asahi and its four directors were unsustainable because the order recorded no specific finding of any act or omission by them. The penalty on Akay and its director was sustained. en-us Mon, 09 Oct 2000 00:00:00 +0530 Wed, 18 Aug 2010 17:05:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49956 Common employees, common office, common directors, transfer of machinery without documentation, and joint bank, utility and managerial arrangements established unity of financial and managerial control, so Asahi Safety Industries was treated as a facade of Akay Filtips and clubbing of clearances under Notification No. 175/86 was upheld, with the duty demand maintained. Penalties on Asahi and its four directors were unsustainable because the order recorded no specific finding of any act or omission by them. The penalty on Akay and its director was sustained. Case-Laws Central Excise Mon, 09 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49956