https://www.taxtmi.com/article/detailed?id=8511 Tax adjudication requires issuance of a show cause notice, opportunity to reply and hearing, and a reasoned order-in-original; rectification or corrigendum may correct arithmetical errors but enhancement of duty on rectification requires fresh opportunity. In the Lokesh Machines matter the Tribunal affirmed valuation adjustments and inclusion of undeclared receipts, treated the corrigendum as arithmetic correction, and set aside an unsupported penalty on the receiver. en-us Thu, 23 May 2019 08:33:23 +0530 Thu, 23 May 2019 08:33:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8511 Tax adjudication requires issuance of a show cause notice, opportunity to reply and hearing, and a reasoned order-in-original; rectification or corrigendum may correct arithmetical errors but enhancement of duty on rectification requires fresh opportunity. In the Lokesh Machines matter the Tribunal affirmed valuation adjustments and inclusion of undeclared receipts, treated the corrigendum as arithmetic correction, and set aside an unsupported penalty on the receiver. Articles Central Excise Thu, 23 May 2019 08:33:23 +0530 https://www.taxtmi.com/article/detailed?id=8511