S Ramesh takes charge as new chairman of Central Board of Indirect Taxes and Customs
S Ramesh, a 1981 batch officer of the Indian Revenue Service (Customs and Central Excise), has taken over charge as the new chairman of the Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes. Prior to his elevation, he was Member (Administration) in the Board. He succeeded Vanaja N Sarna, who superannuates on June 30, 2018. The CBIC is the apex body for administering the levy and collection of indirect taxes of the Union of India viz. Central Excise duty, Customs duty and Service Tax, and for facilitating cross border movement of goods & services. It is a part of the Department of Revenue under the Ministry of Finance. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and Narcotics to the extent under CBEC’s purview.
Topics: Central Board of Indirect Taxes and Customs • Chairperson Central Board of Excise & Customs • Economy • Economy of India • Excise • Government • Indian Revenue Service • Ministry of Finance • Revenue service • Royal Malaysian Customs Department • Taxation in India