https://www.taxtmi.com/caselaws?id=350166 The Tribunal dismissed the appellant's application seeking rectification of a mistake in the Final Order upholding a penalty under Section 114A of the Customs Act, 1962. The Tribunal held that the penalty imposed was sustainable and that the power to rectify a mistake should only be exercised when the mistake is apparent and not based on a lengthy process of reasoning. Citing legal precedents, the Tribunal emphasized that rectification cannot be made for debatable points of law or fact. Consequently, the application for rectification was found to lack merit and was dismissed on 29/08/2017. en-us Tue, 29 Aug 2017 00:00:00 +0530 Wed, 01 Nov 2017 11:40:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350166 The Tribunal dismissed the appellant's application seeking rectification of a mistake in the Final Order upholding a penalty under Section 114A of the Customs Act, 1962. The Tribunal held that the penalty imposed was sustainable and that the power to rectify a mistake should only be exercised when the mistake is apparent and not based on a lengthy process of reasoning. Citing legal precedents, the Tribunal emphasized that rectification cannot be made for debatable points of law or fact. Consequently, the application for rectification was found to lack merit and was dismissed on 29/08/2017. Case-Laws Customs Tue, 29 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350166