CBEC
February 24: Central Excise Day
Every year, on February 24, the Central Excise Day is being celebrated by Central Board of Excise and Customs all over India. The day is being celebrated to honour the service of Central Board of Excise and Custom (CBEC) to ..
Month: Current Affairs - February, 2020
e- SANCHIT
e- SANCHIT was launched on a pilot basis by the Central Board of Excise & Customs (CBEC). It is mainly for paperless processing, uploading of supporting documents, to facilitate the trading across borders which will reduce the precious time and ..
Government levies 10% import duty on key smartphone components
The Central Bureau of Excise and Customs (CBEC) under Finance Ministry has imposed a 10% duty on imports of key smartphone components such as populated printed circuit boards (PCBs), camera modules and connectors. At present there is zero import duty ..
Month: Current Affairs - April, 2018
Government scraps export duty on sugar
The Central Board of Excise and Customs (CBEC) under Ministry of Finance has scrapped export duty of 20% on raw and refined sugar to boost shipments. The removal of export duty will help to export excess sugar output in India ..
Month: Current Affairs - March, 2018
Government doubles import duty on wheat to 20%
The Central Board of Excise and Customs (CBEC) under Union Finance Ministry has doubled import duty on wheat to 20% from 10% to curb cheap shipments and give positive price signal to farmers in ongoing Rabi season. It also imposed ..
Month: Current Affairs - November, 2017
Rajaswa Gyan Sangam 2017 held in New Delhi
The 2017 Rajaswa Gyan Sangam, a two-day annual conference of senior tax administrators was held at Vigyan Bhawan, New Delhi. It was inaugurated Prime Minister Narendra Modi. The conference was jointly organised by Central Board of Direct Taxes (CBDT) and ..