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❇️24th February

👮‍♀ Central Excise Day

🔸 To instill a sense of oneness & sincerity in service amongst officers of the Excise department, & to help public to ensure better tax compliance.

🔸The day marks the establishment of Central Excise & Salt Act which was enacted on 24th February 1944

🟢 About Central Board of Indirect Taxes & Customs(CBIC)

▪️Central Board of Indirect Taxes & Customs(CBIC) is the nodal national agency responsible for administering Customs, GST, Central Excise, Service Tax & Narcotics in India.

▪️A part of the Department of Revenue under the Ministry of Finance, Government of India 

▪️With the enactment of the Finance Act, 2018, Central Board of Excise & Customs(CBEC) was renamed as Central Board of Indirect Taxes & Customs(CBIC)

▪️The change was necessitated due to enactment of the Goods & Services Tax (GST) which has consolidated the multiple Indirect Taxes into one tax.

🏢 Chairman
▪️Sh. Vivek Johri

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