TMI BlogRegarding writing off of arrears of Central Excise duty, Customs duty and Service Tax - Constitution of Committees to advise the authority for writing off of arrearsX X X X Extracts X X X X X X X X Extracts X X X X ..... made in the Delegation of Financial Power Rules, 1978 vide S.O. 3624 dated 14.12.2012. A copy of the said notification is enclosed. 2. With this amendment, the authorities competent to write-off the arrears of Central Excise and the Commissioner of Service Tax are also delegated powers to write-off the arrears of Service Tax as well. Consequently, the constitution of the Committees for examining the proposals for write-off of irrecoverable arrears and recommending deserving cases to the authority competent to order such write- off, also requires modification. Hence, para 4 5 of the Circular No. 946/07/2011 be substituted by the following :- 4. The constitution of the Committees and the powers to write off, delegated to the co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Chief Commissioner. 5. As regards write off of interest amount, it is clarified that once duty/ tax involved is written off, the interest due thereon would get automatically written off. It is also clarified that the duty/ tax involved in the case would determine the level of authority/Committee competent to write off the amount involved. . F. No. 296/10/2009-CX- 9( Pt.) ( Surendra Singh) Under Secretary to the Govt. of India Ministry of Finance (Department of Expenditure) New Delhi Dated: December 14, 2012 S.O.3624.- In pursuance of clause (3) of article 77 of the Constitution, the President hereby makes the following rules further to amend the Delegation of Financial Powers Rules ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ance Act, 1994 ; and (b) To write off irrecoverable amounts of customs or central excise duty or service tax upto ₹ 10 lakhs subject to a report to the next higher authority. (c) Commissioner of Customs (a) Full powers for abandonment of irrecoverable amounts of fines and penalties imposed under the Customs, Act, 1962 , the Gold Control Act, 1968; and (b) To write off irrecoverable amounts of customs duty upto ₹ 10 lakhs subject to a report to the next higher authority. (d) Commissioner of Central Excise (a) Full powers for abandonment of irrecoverable amounts of fines and penalties imposed under the Central Excise Act, 1944 , the Gold Cont ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... September, 1979 (xxiv) S.O. 3033 dated the 17th November, 1990 (iii) S.O. 2611 dated the 4th October, 1980 (xxv) S.O. 3414 dated the 22nd December, 1990 (iv) S.O. 2164 dated the 15th August, 1981 (xxvi) S.O. 534 dated the 28th February, 1991 (v) S.O. 2304 dated the 5th September, 1981 (xxvii) S.O. 2235 dated the 24th August, 1991 (vi) S.O. 3073 dated the 4th September, 1982 (xxviii) S.O. 547(E) dated the 24th July, 1992 (vii) S.O. 4171 dated the 11th December, 1982 (xxix) S.O. 466 dated the 13th March, 1993 (viii) S.O. 1314 dated the 26th February, 1983 (xxx) S.O. 1292 dated the 12th June, 1993 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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