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    <title>Regarding constitution of Committees to advise the authority for writing off of arrears of Central Excise duty and Customs duty.</title>
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    <description>Three-member Committees at Chief Commissioner and Commissioner levels will examine proposals submitted in the prescribed Annexure A proforma and recommend write-off of irrecoverable Customs and Central Excise arrears to the competent authority. The Board delegates powers to abandon fines and penalties and to write off duties within prescribed monetary limits, subject to reporting; duty write-off automatically extinguishes related interest. Service Tax write-offs await DFPR amendment.</description>
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      <title>Regarding constitution of Committees to advise the authority for writing off of arrears of Central Excise duty and Customs duty.</title>
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      <description>Three-member Committees at Chief Commissioner and Commissioner levels will examine proposals submitted in the prescribed Annexure A proforma and recommend write-off of irrecoverable Customs and Central Excise arrears to the competent authority. The Board delegates powers to abandon fines and penalties and to write off duties within prescribed monetary limits, subject to reporting; duty write-off automatically extinguishes related interest. Service Tax write-offs await DFPR amendment.</description>
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      <pubDate>Wed, 01 Jun 2011 00:00:00 +0530</pubDate>
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