CBEC to be renamed Central Board of Indirect Taxes and Customs (CBIC)


Posted On: 01 FEB 2018 1:17PM by PIB Delhi
 

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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