https://www.taxtmi.com/circulars?id=70565 Write-off of irrecoverable customs arrears is assigned to designated committees for the respective commissionerates. The committees have full authority to abandon irrecoverable fines and penalties and may write off irrecoverable customs duty up to Rs. 10 lakhs per case, subject to reporting to the next higher authority. Once duty or tax is written off, the associated interest is automatically written off. Proposals must follow the applicable Master Circular on Recovery and Write-Off of Arrears of Revenue and use the prescribed proforma. en-us Mon, 11 Aug 2025 00:00:00 +0530 Thu, 30 Jul 2026 12:33:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70565 Write-off of irrecoverable customs arrears is assigned to designated committees for the respective commissionerates. The committees have full authority to abandon irrecoverable fines and penalties and may write off irrecoverable customs duty up to Rs. 10 lakhs per case, subject to reporting to the next higher authority. Once duty or tax is written off, the associated interest is automatically written off. Proposals must follow the applicable Master Circular on Recovery and Write-Off of Arrears of Revenue and use the prescribed proforma. Circulars Customs Mon, 11 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70565