Excise Current Affairs, GK & News
The ‘Central Excise Day’ is celebrated every year in India on February 24. The day is celebrated to encourage the employees of excise department to perform their duties more efficiently. Various seminars, workshops and cultural events are organized all over the country, to mark the event. It is also observed to commemorate the Central Excise ..
On 19 Nov, Assam Cabinet approved the Assam Excise (amendment) bill 2019 which seeks to regulate inflow, transport or possession of molasses. Molasses is used in preparation of illicit liquor. The Bill will be replaced before the assembly in the next winter session. Molasses is an important component in making “sulai” an intoxicating drink widely ..
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 ..
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
S Ramesh has been appointed as the new chairman of Central Board of Indirect taxes and Customs (CBIC). He will succeed Vanaja N. Sarna on July 1. 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 ..
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 provide digital easing.