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The Central Board of Indirect Taxes and Customs (CBIC), formerly the Central Board of Excise and Customs, is a statutory body under the Department of Revenue, Government of India. It oversees the administration of indirect taxes , including customs duties, excise duties, and the Goods and Services Tax (GST).
After Independence, the Imperial Customs Service was reconstituted as the Indian Revenue Service (Customs and Central Excise) in 1953. The nature of the service underwent a transformational change with the enactment of the One Hundred and First Amendment of the Constitution of India , which overhauled the administration of indirect taxation in ...
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
In 2014, to align the country's civil service systems with the strategic national goals, government implemented a new 360 degree appraisal system which entails "Annual Confidential Report" (ACR), review of work-related attitude and behavior based on confidential feedback from peers, subordinates, and outsiders stakeholders who have dealt with ...
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.
The Directorate of Revenue Intelligence (DRI) is the apex anti-smuggling intelligence, investigations and operations agency in India.. The Directorate is run by officers from the Central Board of Indirect Taxes and Customs (CBIC) who are posted in its various Zonal Units as well as in Indian embassies abroad as part of the Customs Overseas Intelligence Network.
In the budget 2025, tabled by the Finance Minister on 01.02.2025, the FM affirmed and said that the new direct tax code will be presented in the coming weak replacing Income Tax Act, 1961. [24] The union cabinet on 07.02.2025 cleared the new Income Tax Bill to replace the old Income Tax Act, 1961. [25]
In India, a customs house agent (CHA) is licensed to act as an agent for transaction of any business relating to the entry or departure of conveyances or the import or export of goods at a customs station. CHAs maintain detailed, itemized and up-to-date accounts.