Committee review for write-off of irrecoverable tax arrears enables delegated authorities to recommend and effect write-offs. Three-member Committees at Chief Commissioner and Commissioner levels will examine proposals submitted in the prescribed Annexure A proforma and recommend write-off of irrecoverable Customs and Central Excise arrears to the competent authority. The Board delegates powers to abandon fines and penalties and to write off duties within prescribed monetary limits, subject to reporting; duty write-off automatically extinguishes related interest. Service Tax write-offs await DFPR amendment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Committee review for write-off of irrecoverable tax arrears enables delegated authorities to recommend and effect write-offs.
Three-member Committees at Chief Commissioner and Commissioner levels will examine proposals submitted in the prescribed Annexure A proforma and recommend write-off of irrecoverable Customs and Central Excise arrears to the competent authority. The Board delegates powers to abandon fines and penalties and to write off duties within prescribed monetary limits, subject to reporting; duty write-off automatically extinguishes related interest. Service Tax write-offs await DFPR amendment.
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