Explain the role and Functions of the central Board of Indirect Tasees

Question

Explain the role and Functions of the central Board of Indirect Tasees and Customs.

22 Jan 2025

Answer :

Word Count : 605

The Central Board of Indirect Taxes and Customs (CBIC) is a crucial agency under the Department of Revenue, Ministry of Finance, Government of India. Established in 1964, it is responsible for the formulation of policies and administration of laws concerning indirect taxes, including Goods and Services Tax (GST), customs duties, and excise duties. The CBIC plays a pivotal role in ensuring that the nation's fiscal system is efficient, transparent, and compliant with international standards.

One of the primary functions of the CBIC is to administer customs laws in India. This includes overseeing the collection of customs duties on imports and exports, ensuring proper valuation of goods, enforcing customs compliance, and preventing smuggling and under-invoicing. The CBIC establishes regulations for trade, safeguarding _______ _____ _____ ___ ________ _____ ____ ____.
____ ______ ______ _______ _______ ________ __________ _______.
_______ ______ ________ ___ ________ __________ _______ _____ ___.
__________ _______ __________ ________ __________ _____ _______ _______.
____ ____ ____ ____ ___.
___ ____ ________ ____ ___ _______ _______ ______.
__________ ___ _____ _________ _________.
_____ ___ _________ __________ ________ _________ ______ ______.
_______ _________ _____ ___ ___ __________ ____ __________ ______ _____ _______.
____ ___ ___ _____ ________ _________ ________ ________ _______ ______.
___ ___ _______ __________ ___ __________ __________ _________.
_________ _______ ____ ____ ____ __________.
________ ______ ____ __________ ____.
_________ __________ __________ ______ _____ ____ ________ ___.
_______ ________ ___ _______ _______ __________ ______ ________ __________ ___ ___.
______ ______ ___ ____ _________ _____ ____ ______ _____ _______.
________ _________ _________ _____ ________ __________ ________ ___.
_______ __________ _____ ____ _______ _______ _____ _____ ________ _______ ______.
_____ __________ __________ ______ _________ ___ ___ ___ _________ ____.
____ ________ ___ _____ _________ _______ _____ _______ ______.
_________ ____ _________ ____ _______ _________ __________ ___ __________ _______ ___ _______.
_______ ________ _________ __________ __________ _____.
________ ____ _______ _____ __________ _____ _______ _______ ________ ___.
_____ _________ ________ ____ _____ ____ _________ _________ __________ ______ ____.
________ __________ _________ _________ _________ ____ ____ __________ _______.
_______ _____ ______ ____ ________ ______.
___ _________ ____ _________ ______.
_________ ___ ____ __________ _____ ___ ___ ____ __________ ____ ______ ______.
___ __________ ______ ___ ___ ___ ________ ______ _________ ______ __________.
____ ______ ___ ______ __________ _________ __________ ___ _________ ____.
____ ________ __________ _________ _______ ____ __________.
_________ _______ _______ ______ __________ _______ _______ ______.
__________ _________ _______ ____ ___ _______ _______ _________ ___ _______ _____ __________.
_______ _____ ________ ______ _____ ____ ____ ______ ____ ___ __________ _______.
_____ ________ _______ _________ ______ ________ _______ __________ _________ _________ ___.
_____ ____ _____ ___ ________ _____.
____ _______ _________ ___ __________ _____.
__________ ____ _______ _______ ________ _______.
______ ______ ______ _________ __________ ______ __________ __________ ___ _____.
________ ___ ____ _________ ____ ___ _________ _____ _________ ____ ____ _______.
_______ ________ _____ _________ _____ ___.
_____ ______ _____ _______ ___ ____ ____ _____ ________ _______ __________ ______.
___ _____ __________ ______ ____ ___ ______ _____.
_________ ________ _______ ____ ___ __________ ____.
____ ____ ____ __________ ___ ___ _____ ________ ________ ______ ______.
___ _______ ____ __________ ___ ______.
______ _________ _____ ________ ___ _____ ________.
________ ________ _______ _______ ________.
________ __________ ___ _______ _________ ______ ____ _____ ________.
___ ______ ________ ______ ________ ______.
______ ________ ______ ____ _______ _______ ________ ___.
________ __________ _____ _________ _________ ________ ___ _____ ____ ___ ______.
_________ _____ _______ ________ ______ _________ ______ _____ ________.
________ ______ __________ _______ ______ _____ _______ _______ ___.
___ ______ ________ _______ ________ _______ _____ ________ ___.
________ ___ _______ __________ _______ ___ _________ ______.
__________ ___ _____ __________ ________.
Get Full Answer on WhatsApp

IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers

IGNOU NEWS

Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★