New Central Excise Bill: CBIC Invites Comments
CBIC proposes a new Central Excise Bill, seeking stakeholder input by June 26, 2024, to replace the outdated 1944 Act.
New Delhi, Jun 4 (PTI) The CBIC on Tuesday invited comments on a draft Central Excise Bill, 2024, which seeks to replace the decades-old Central Excise Act, 1944.
The Bill aims to enact a comprehensive modern central excise law with an emphasis on promoting ease of doing business and repealing old and redundant provisions, a finance ministry statement said.
The Bill comprises 12 chapters, 114 sections and two schedules.
The Central Board of Indirect Taxes & Customs (CBIC) invites stakeholders' suggestions on the draft 'Central Excise Bill, 2024', by June 26, 2024.
The Bill aims to enact a comprehensive modern central excise law with an emphasis on promoting ease of doing business and repealing old and redundant provisions, a finance ministry statement said.
The Bill comprises 12 chapters, 114 sections and two schedules.
The Central Board of Indirect Taxes & Customs (CBIC) invites stakeholders' suggestions on the draft 'Central Excise Bill, 2024', by June 26, 2024.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea
- 13.74 (+ 0.88)
- 47924284
- One97-Communications
- 1,112.50 ( -3.70)
- 8884209
- Pulsar-Intl
- 0.63 ( -4.55)
- 8032968
- NHC-Foods
- 1.13 ( 0.00)
- 7593711
- NHC-Foods
- 1.13 ( 0.00)
- 7593711
MORE NEWS
© 2026 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback