Central Board of Excise and Customs renamed as Central Board of Indirect Taxes and Customs; twitter handle updated 

The Central Board of Excise and Customs (CBEC) has been rechristened as Central Board of Indirect Taxes and Customs.

Published: 31st March 2018 09:11 PM  |   Last Updated: 31st March 2018 09:11 PM   |  A+A-

Chairman of CBEC Najeeb Shah | Shekhar Yadav (EPS)


NEW DELHI: The Central Board of Excise and Customs (CBEC) has been rechristened as Central Board of Indirect Taxes and Customs (CBIC).

The apex indirect tax authority also updated its Twitter handle to 'cbic_india' from the earlier 'cbec_india'.

"With the enactment of Finance Act, 2018, CBEC is renamed as Central Board of Indirect Taxes and Customs (CBIC).

This change was necessitated due to the enactment of Goods and Services Tax (GST) which has consolidated multiple indirect taxes into one tax," it said in a tweet.

With excise duty, service tax, alongside nearly a dozen other central and state levies being subsumed in the Goods and Services Tax (GST), the ambit of the apex indirect tax authority has widened.

Through Finance Bill, 2018, the government amended the Central Boards of Revenue (CBR) Act, 1963, as well as the Central Goods and Services Tax Act, 2017, replacing CBEC with CBIC.

The re-organisation of field formations of the CBEC for implementation of GST and its renaming to CBIC was approved by Finance Minister Arun Jaitley in March last year.

GST was introduced on July 1, 2017. With legislative approval not in place for the change of name, CBEC has been notifying all rules and provisions of the new indirect tax regime.

As per the reorganisation plan, the CBIC will supervise the work of all its field formations and directorates and assist the government in policy-making in relation to GST, while continuing central excise levy and Customs functions.

The CBIC will have 21 zones and GST Taxpayer Services Commissionerates.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp