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of <h1>Finance Ministry Urged to Resolve Duty Exemption Errors on Vehicles After Rs. 136.18 Lakh Shortfall.</h1> The circular addresses the follow-up on the 69th Report of the Public Accounts Committee (1993-94) regarding Union Excise Duties and the incorrect grant of exemptions on motor vehicles, leading to non-levy or short levy of duties. The report highlights a case involving a short levy of Rs. 136.18 lakhs in the Indore Collectorate due to incorrect duty exemptions on motor vehicles. Similar issues were found in Meerut and Chandigarh Collectorates. The Ministry of Finance, after initially accepting the audit objections, later reversed its stance. The Committee urges the resolution of these disputes and amendments to prevent future revenue losses.
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