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INTERVIEW QUESTIONS
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EXCISE DUTY TAX / CENVAT
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Question: What is Central Board of Excise and Customs (CBEC)?
Answer: Established in 1855, by George Robinson, the British Governor General of India at the time, Central Board of Excise and Customs was intended to administer and manage customs laws in the country as well as the collection of import duties and land revenue. It is said to be one of the oldest government departments of India.
The Central Board of Excise and Customs (CBEC) is functions under the the Union Ministry of Finance’s Department of Revenue. The responsibility for administering the laws that govern laws under the following, and are not restricted to excise taxes alone:
Policy making for levying and collecting central and customs and excise duties Management of Customs, Narcotics and Central Excise as per the prior set limits Prevention the goods smuggling
There are certain subsidiary organizations that function under the Central Board of Excise and Customs including:
Custom Houses Central Excise Commission rates Central Revenues Control Laboratory.
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Excise Duty Tax / CENVAT Interview Questions & Answers -
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Question:
What is Central Board of Excise and Customs (CBEC)?
Answer:
Established in 1855, by George Robinson, the British Governor General of India at the time, Central Board of Excise and Customs was intended to administer and manage customs laws in the country as well as the collection of import duties and land revenue. It is said to be one of the oldest government departments of India.
The Central Board of Excise and Customs (CBEC) is functions under the the Union Ministry of Finance’s Department of Revenue. The responsibility for administering the laws that govern laws under the following, and are not restricted to excise taxes alone:
Policy making for levying and collecting central and customs and excise duties Management of Customs, Narcotics and Central Excise as per the prior set limits Prevention the goods smuggling
There are certain subsidiary organizations that function under the Central Board of Excise and Customs including:
Custom Houses Central Excise Commission rates Central Revenues Control Laboratory. Source: CoolInterview.com
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