S Ramesh appointed as Chairman of CBIC
The Union Government has appointed senior bureaucrat S Ramesh as chairman of Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes. He has been appointed as chairman of CBIC with the status of special secretary to the central government. He will succeed Vanaja N Sarna who retired on June 30, 2018.
S Ramesh is 1981 batch officer of the Indian Revenue Service (Customs and Central Excise). Prior to this appointment he was member in CBIC, mandated with responsibility of implementing the Goods and Services Tax (GST).
Central Board of Excise and Customs (CBEC)
CBIC is the nodal national agency responsible for administering Customs, GST, Central Excise, Service Tax & Narcotics in India. It is part of the Department of Revenue under Union Ministry of Finance. It is headquartered in New Delhi. It was renamed to present name from Central Board of Excise & Customs (CBEC) in March 2017. It is one of the oldest government departments of India (established in 1855 by the then British Governor General of India, to administer customs laws in India and collection of import duties / land revenue).
CBIC deals with tasks of formulation of policy concerning levy and collection of customs and central excise duties and service tax, prevention of smuggling and administration of matters relating to customs, central excise, service tax and narcotics. It is administrative authority for its subordinate organizations, including Central Excise and Service Tax Commissionerates, Custom Houses and Central Revenues Control Laboratory.
Month: Current Affairs - June, 2018
Category: Awards, Persons & Places in News