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This Article is From Mar 26, 2017

Government Rejigs Indirect Tax Body For GST Rollout

Government Rejigs Indirect Tax Body For GST Rollout
Finance Minister felicitating officers of Centre, State and GSTN who helped in drafting GST related legislations. (Source: @FinMinIndia/Twitter)

The government has restructured and renamed its indirect tax body as it pushes to roll out the Goods and Services Tax by July.

The Central Board of Excise and Customs (CBEC), part of the Department of Revenue in the finance ministry, will now be called Central Board of Indirect Taxes (CBIC). The reorganised body will assist the government in framing policy for GST, central excise levy and customs, a statement from the finance ministry said.

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