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CBIC's function also extends to prevention of smuggling, illicit financial activities, and regulation and control of narcotics through its attached/subordinate offices. The Customs & Central Excise department was established in the year 1855 by the then British Governor General of India , to administer customs laws in India and collection of ...
The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) formerly known as National Academy of Customs, Excise and Narcotics (NACEN) [3] is the apex civil service training institute of Government of India for capacity building of civil servants in the field of indirect taxation, particularly the areas of customs, GST, central excise, service tax and narcotics control administration.
However, on 1 January 1964, the Board was bifurcated into two separate entities: the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC). This division was formalized through the constitution of the two Boards under Section 3 of the Central Board of Revenue Act, 1963. [1]
India on Tuesday delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart-backed PhonePe. According to ...
The CBIC Chairperson is usually the senior most IRS (C&IT) officer of the senior most batch. The appointee for the office is approved by Appointments Committee of the Cabinet headed by Prime Minister: Term length: No fixed tenure is imposed on the office but term can be extended: Inaugural holder: B.N. Banerji: Formation: 1964
10] This is apex institution of government of India for capacity building in the field of Customs, Indirect Taxes, and Narcotics under the administrative control of Central Board of Indirect Taxes and Customs (CBIC). The functions of NACIN is specified in CBIC office order No.06/Ad.IV/2017 on 12 June 2017 which states that NACIN will undertake ...
1. Poultry. Chicken and turkey are accessible and budget-friendly sources of lean protein. To keep saturated fat levels low, opt for skinless and/or white meat parts (such as breasts). And for a ...
DETROIT (Reuters) -U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company ...