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of <h1>Central Government Empowers Customs Officials: New Powers for Warehousing, Duty Waivers, and Export Management Under Customs Act, 1962.</h1> The notification issued by the Central Government under the Customs Act, 1962, allows Chief Commissioners and Commissioners of Customs to exercise certain powers of the Central Board of Excise and Customs. Chief Commissioners can declare warehousing stations, waive interest on customs duty for warehoused goods up to fifteen lakhs, and manage export cases within three years of duty payment. Commissioners have the authority to declare warehousing stations for 100% export-oriented undertakings. This notification supersedes a previous one from June 18, 1990, and specifies the jurisdictional powers of these officials.
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