Cabinet has approved amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST Regime. <br/><br/><br/>The approved proposals are amendment to the Customs Act, 1962, Customs Tariff Act, 1975, Central Excise Act, 1944, Repeal of the Central Excise Tariff Act, 1985 and amendment or repeal of the provisions relating to Acts under which cesses are levied.<br/><br/>
News On AIR | March 22, 2017 11:47 PM
Cabinet approves amendment in Customs and Excise Act