2001 (3) TMI 172

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....acturer who are a subsidiary company of the buyer company of excisable products who are buying 100% of the goods manufactured by the subsidiary. The buyer company is holding 60% of the shares of the subsidiary. The remaining 40% holding is by a foreign investment company and others. 2. The appellants have submitted that there is no finding about the mutuality of interest of the subsidiary company....

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....olf Ltd. v. U.O.I. [1992 (59) E.L.T. 220-Bom.], which in turn was relied upon the decision of Larger Bench of the Tribunal in the case of Samtel Electron Devices Ltd. v. C.C.E., Meerut [2000 (118) E.L.T. 262 (Tri.-LB)] and also relied on the decision in the case of Collector of Central Excise, Aurangabad v. Kersons Manufacturing Co. India Ltd. [1998 (100) E.L.T. 194 Trib.] where entire production ....