Writing off arrears: committees authorised to abandon fines and write off duties under customs and excise laws. The corrigendum substitutes the table in paragraph 4 to prescribe that three member committees of Chief Commissioners have full powers to abandon irrecoverable fines and penalties under Customs, Central Excise and Finance Act (Service Tax) and to write off irrecoverable Customs, Central Excise or Service Tax duties up to a specified threshold, subject to a report to the Board; similarly constituted Commissioner level committees have full powers to abandon fines and to write off irrecoverable Customs and Central Excise duties up to a lower specified threshold, subject to reporting to the Commissioner.