CBIC invites suggestions on draft ‘Central Excise Bill, 2024’ in pre-defined format from stakeholders by June 26, 2024

By: Admin
June 04, 2024
Categories: Press Release
4 Min Read

The Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance, invites suggestions on the draft ‘Central Excise Bill, 2024’ from stakeholders by June 26, 2024.

The CBIC has prepared a draft ‘Central Excise Bill, 2024.’ Once enacted, the Bill shall replace the Central Excise Act, 1944. The Bill aims to enact a comprehensive modern central excise law with an emphasis on promoting ease of doing business and repealing old and redundant provisions. The Bill comprises twelve chapters, 114 (one hundred and fourteen) sections and two schedules.

As a part of the pre-legislative consultative process, the draft ‘Central Excise Bill, 2024’ has been uploaded on the website of CBIC [https://www.cbic.gov.in] for inviting suggestions from the stakeholders in the following format within 21 days:

FORMAT FOR SENDING SUGGESTIONS/ COMMENTS/ VIEWS

The suggestions/ comments on the draft Bill in the above format may be sent by email to cx.stwing[at]gov[dot]in in either MS Word (or compatible format) or machine-readable PDF format.

The Press Release can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/PIB2022728.pdf