The CBIC is mulling a comprehensive restructuring of the organisation, set up 6 decades ago, to make it more effective and remove overlapping, if any, as many of its functions have undergone transformation following introduction of new technologies, abolition of service tax and roll-out of GST which has subsumed several levies. The Central… Continue reading CBIC mulling organisational restructuring to make it more effective
Tag: CBIC
Govt appoints Sanjay Kumar Agarwal as CBIC chairman, to succeed Vivek Johri
Central Board of Indirect Taxes and Customs The government on Saturday appointed Sanjay Kumar Agarwal as chairman of the Central Board of Indirect Taxes and Customs (CBIC). Agarwal succeeds Vivek Johri who superannuated on May 31. “The President of India is pleased to appoint Shri Sanjay Kumar Agarwal, IRS, …member CBIC as… Continue reading Govt appoints Sanjay Kumar Agarwal as CBIC chairman, to succeed Vivek Johri
CBIC deserves kudos for GST clarificatory circulars
The Central Board of Indirect Taxes and Customs (CBIC) issued eight circulars on July 17, 2023, following the 50th GST Council meeting held on July 11, 2023. They clarify a number of issues and generally convey a desire on the part of administrators to avoid unnecessary disputes to the extent possible. The… Continue reading CBIC deserves kudos for GST clarificatory circulars