https://www.taxtmi.com/caselaws?id=2260 Rectification power under Section 74 of the Finance Act is confined to correcting obvious mistakes apparent on the record, such as clerical, arithmetical or grammatical errors. It cannot be used as a review mechanism or as a basis for fresh merits-based reconsideration of an earlier order. A subsequent order enhancing penalty was therefore outside the scope of rectification jurisdiction and could not be sustained. The enhanced penalty order was rightly set aside because it exceeded the limited corrective power conferred by the provision. en-us Wed, 23 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2260 Rectification power under Section 74 of the Finance Act is confined to correcting obvious mistakes apparent on the record, such as clerical, arithmetical or grammatical errors. It cannot be used as a review mechanism or as a basis for fresh merits-based reconsideration of an earlier order. A subsequent order enhancing penalty was therefore outside the scope of rectification jurisdiction and could not be sustained. The enhanced penalty order was rightly set aside because it exceeded the limited corrective power conferred by the provision. Case-Laws Service Tax Wed, 23 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2260