The Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance, invites suggestions on the draft โCentral Excise Bill, 2024โ from stakeholders by 26th June 2024.
The CBIC has prepared a draft โCentral Excise Bill, 2024.โ 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 โCentral Excise Bill, 2024โ 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:
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FORMAT FOR SENDING SUGGESTIONS/ COMMENTS/ VIEWS
Sl. No. | Clause No. of the draft Bill | Title of the Clause | Proposed modification, if any | Reasons/ Comments/ Remarks |
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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.