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of <h1>Finance Act Section 86(1A) Amended: Chennai's Chief Commissioners Added to Excise & Customs Committee for LTU.</h1> The Central Board of Excise & Customs has amended a previous notification under section 86(1A) of the Finance Act, 1994, regarding the constitution of a committee of chief commissioners for specific areas. This amendment specifically pertains to the Commissioners of Central Excise and Service Tax in the Large Tax Payers Unit (LTU) in Chennai. The amendment includes the addition of the Chief Commissioner of Central Excise and Service Tax, as well as the Chief Commissioner of Customs, both based in Chennai, to the existing notification.
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