CBEC to be renamed as ‘Central Board of Indirect Taxes & Customs’, reorganised for GST
CBEC to renamed as the Central Board of Indirect Taxes & Customs (CBIC) following legislative approval; Proposed CBIC to supervise work of all its field formations & Directorates & assist the Govt. in policy making in relation to GST; CBIC will continue to perform Central Excise levy & Customs functions and have 21 Zones, 101 GST Tax-payer Services Commissionerates : Finance Ministry...