TMI BlogCentral Excise - Procedure for payment of Central Excise duty in the event of failure of computer system due to Y2K problems - Instructions regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... r system due to Y2K problems - Instructions regarding I am directed to say that the Board has drawn a contingency action plan to deal with any failure of computer system of the banks on account of Y2K problems so that the clearances of dutiable goods are not withheld. Indeed, all the banks have been trying to become Y2K compliant and normally it is expected that the banking system will not be adv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /business) beyond a period of three days from 1st January, 2000 (inclusive), the Board has decided that the procedure/instructions contained in Board's Circular No. 480/46/99-CX dated 23rd August, 1999 should be followed. If there is any failure of any assessees' own computers due to Y2K problem, in case he maintains/generates records or documents using computers, manual maintenance/preparation of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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