https://www.taxtmi.com/caselaws?id=353671 The Tribunal dismissed the application seeking rectification of a mistake in the order, upholding the imposition of the penalty under Rule 15 (1) of CCR 2004. The rejection of the appeal was due to the demand falling within the normal period of limitation, with the penalty being deemed applicable under the specified rule. The Tribunal emphasized that reconsidering the penalty would constitute a review of its prior order, a power it did not possess as per Supreme Court precedent. The decision underscores the Tribunal's adherence to legal principles regarding limitation periods and penalty imposition in tax appeals. en-us Tue, 07 Nov 2017 00:00:00 +0530 Wed, 10 Jan 2018 08:13:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353671 The Tribunal dismissed the application seeking rectification of a mistake in the order, upholding the imposition of the penalty under Rule 15 (1) of CCR 2004. The rejection of the appeal was due to the demand falling within the normal period of limitation, with the penalty being deemed applicable under the specified rule. The Tribunal emphasized that reconsidering the penalty would constitute a review of its prior order, a power it did not possess as per Supreme Court precedent. The decision underscores the Tribunal's adherence to legal principles regarding limitation periods and penalty imposition in tax appeals. Case-Laws Central Excise Tue, 07 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353671