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CBEC renamed as CBIC (Central Board for Indirect taxes and Customs)

CBEC renamed “CENTRAL BOARD FOR INDIRECT TAXES AND CUSTOMS” (CBIC)

With the enactment of the Finance Act, 2018, CBEC is renamed as the Central Board of Indirect Taxes and Customs (CBIC). The change was necessitated due to enactment of the Goods and Services Tax (GST) which has consolidated the multiple Indirect Taxes into one tax.