CBIC Updates and Initiatives

Indirect Tax Internship Scheme for FY 2024-25

The Central Board of Indirect Taxes and Customs (CBIC) has announced the Indirect Tax Internship Scheme for the financial year 2024-25, providing opportunities for students to gain practical experience in the field.

Draft Central Excise Bill 2024

CBIC invites suggestions from stakeholders on the draft Central Excise Bill 2024, which aims to reform and simplify the excise duty regime in India.

Review of Monetary Limits for Adjudication

CBIC has reviewed the monetary limits prescribed for adjudication of cases under the Customs Act 1962, effective from May 31, 2011.

Revised Guidelines for Arrest and Prosecution

CBIC has issued revised Guidelines for Arrest and Prosecution under Customs law, circular number 132022-Customs dated August 16, 2022.

Delegation of Adjudicating Powers

In exercise of the powers conferred by the Customs Act 1962, CBIC has delegated adjudicating powers to various officers.