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of <h1>Central Board of Excise and Customs Introduces New Brand Rate Procedure to Reduce Delays with Only 5% Document Verification.</h1> The circular from the Central Board of Excise and Customs outlines a revised procedure for the fixation of brand rates, aiming to reduce delays caused by the endorsement of original duty-paying documents. The new procedure allows applicants to submit a working sheet with a declaration and a certificate from an independent accountant, verifying the correctness of the details and the extent of document utilization. Applicants can file self-attested copies of duty-paid documents, with only a 5% random cross-verification of originals required. Existing applications can opt to follow the new procedure or continue with the current one.
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