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Warehousing - Delegation of Board's power to Chief Commissioners
Circular No. 57 dated 7th July
2000
Kind attention is
invited to the Notification No. 33/ 94-Cus (N.T.), dated 1-7-1994 delegating
powers to Chief Commissioner of Customs for granting waiver of interest on
Customs Duty under Section 61 of the customs Act, 1962, in cases where the
amount of interest does not exceed Rs. 15 lakhs.
2. Of
late, a number of representations/ references have been received from
Government/ Private Organizations and the field formations for granting waiver
of interest in cases where the amount involved is lower than the
aforesaid-delegated amount.
3. It
is, therefore, reiterated that such cases where amount of interest is within the
delegated powers of Chief Commissioner of Customs need not be referred to the
Board, and the same may be decided on merits and in accordance with existent
instructions.
4. It
has also been decided that such requests for waiver of interest on Customs Duty
on warehoused goods first be received at the Commissionerate who should examine
the request. Thereafter, in case, the request falls beyond the delegated powers
of the Chief Commissioner of Customs, the same may be forwarded to the Board
with comments for consideration.
5. It
is requested that standing instructions/ public notices may be issued for
information and guidance of the field staff and trade respectively. Receipt of
this Circular may please be acknowledged.
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