24 February observed as a Central Excise Day is celebrated across India. Central Excise Day is being celebrated to honour the service of the Central Board of Excise and Custom to the country. The day is celebrated to honour the officers associated with Central Board of Excise and Custom and their services. This is done to encourage the officers to carry out their duties with utmost sincerity. The officers, every year perform checking of corruption in goods from the manufacturing sector. The Central Excise Day is celebrated to commemorate the legislation of the Central Excise and Salt act on 24th February 1944.
Central Board of Indirect Taxes and Customs
It is formerly known as the Central Board of Excise and Customs. The Customs and Central Excise/ Central GST department was established to administer customs laws. Now the department is under the Department of Revenue, Ministry of Finance which deals with the policy formulation concerning levy and collection of Customs, Central Excise duties, Central Goods & Services Tax and IGST, prevention of smuggling and administration of matters relating to Customs, Central Excise, Central Goods & Services Tax, IGST and Narcotics to the extent under CBIC’s purview.
24 February Central Excise Day