Central Board of Indirect Taxes and Customs (CBIC) Latest News
In line with the Union Budget 2025–26, the Central Board of Indirect Taxes and Customs (CBIC) has introduced major trade facilitative measures for Air Cargo and Transhipment to enhance logistics efficiency and simplify customs procedures.
About Central Board of Indirect Taxes and Customs (CBIC)
- CBIC is part of the Department of Revenue, under the Ministry of Finance.
- It administers:
- Customs, Central Excise, CGST, IGST, and Narcotics (where applicable).
- Policy formulation related to levy and collection of indirect taxes.
- Custom Houses, Excise & GST Commissionerates, and Revenue Laboratories.
- CBIC manages customs at: International Airports, Seaports, Air Cargo Stations, ICDs, LCSs, CFSs, and SEZs.
- The CBIC is headed by a Chairman, supported by Chief Commissioners and Director Generals across various zones.
- It also operates a GST Intelligence Wing to monitor and prevent tax evasion.
Central Board of Indirect Taxes and Customs (CBIC) FAQs
Q1. What is CBIC?
Ans. The Central Board of Indirect Taxes and Customs (CBIC) is the apex body for the administration of GST, Customs, and Excise under the Ministry of Finance.
Q2. Is CBIC a statutory body?
Ans. Yes, CBIC operates under the Central Boards of Revenue Act, 1963, making it a statutory authority.
Source: PIB
Last updated on June, 2025
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