Central Excise Day Observed on 24 February 2017 (Download PDF)

Doorsteptutor material for competitive exams is prepared by world's top subject experts: get questions, notes, tests, video lectures and more- for all subjects of your exam.

Central Excise Day is commemorated every year all across India on 24th of February. It is to encourage employees of excise department to carry out central excise duty all over India. It is to prevent corruption in goods manufacturing business as well as implement other rules to carry out best possible excise services.

24 February Central Exercise day

24 February Central Exercise Day

24 February Central Exercise day

Highlights

  • Day is celebrated to encourage employees of excise department to carry out central excise duty all over India.
  • Central excise has become vital source of financial development of country for better socio-economic development.
  • Financial revenue of country has become double through better service delivery standards of central excise departments.
  • Central excise supports a lot to improve the Indian economy for eliminating poverty and illiteracy.
  • Processes carried out by Central Excise department
  • It is in order to put into effect all laws and collections of central excise.
  • Physical Control Process: it is to manage the central excise duty for cigarettes only. Through this process, first of all an evaluation is done under custody of Central Excise officers for approval purpose.
  • Self-Removal Process: it is to manage central excise duty for all other goods getting manufactured all through India. In this process, all legal responsibilities on goods are self-accessed by manufacturers in order to clear goods.

About Central Board of Excise and Customs

Central Board of Excise and Customs

Central Board of Excise and Customs

Central Board of Excise and Customs

  • Formed: 26 Jan 1944
  • Legal personality: Government agency
  • General nature: Federal law enforcement, Civilian agency
  • Parent agency: Ministry of Finance, Department of Revenue
  • Duties: Central Excise & Service Tax, Customs, Central Bureau of Narcotics
  • Customs & Central Excise department was established in year 1855 by then British Governor General of India, to administer customs laws in India and collection of import duties/land revenue.
  • It is one of oldest government departments of India.
  • Central Board of Excise & Customs (CBEC) is headed by Chairperson CBEC and consists of six Members of CBEC.
Loge & about Central Board of Excise and Customs

Loge & About Central Board of Excise and Customs

Loge & about Central Board of Excise and Customs

- Published/Last Modified on: March 16, 2017

Important Days

Developed by: