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Central Board Of Excise And Customs(CBEC) To Be Renamed Central Board Of Indirect Taxes And Customs(CBIC)

Feb 01, 2018: With the roll out of GST, the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2018-19 in Parliament today, announced that the name of Central Board of Excise and Customs [CBEC] will be changed to Central Board of Indirect Taxes and Customs (CBIC). The necessary changes in law for this are proposed in the Finance Bill, Shri Jaitley added.

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