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2017 (10) TMI 833 - AT - Central ExciseSSI exemption - dummy units - mutuality of interest - Held that: - there is no infirmity in the impugned order wherein the Commissioner(Appeals) has given detailed reasons for his finding that the appellant is a dummy unit of M/s.FFL. Further, the appellants have not been able to bring any evidence to prove that both the units are independent - both the units have been using the same logo in all their documents and they have common management and personnel working for both the units. Further, there is a mutuality of interest and the fund flow between the two companies. Also, both the units have a common Managing Director and General Manager and both the units have invested in the share capital of M/s. Shetron Ltd. M/s. FFL has provided unsecured loan of ₹ 35 lakhs without any conditions - appeal dismissed - decided against appellant.
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