The Central Board of Indirect Taxes and Customs or CBIC (formerly knows as Central Board of Excise and Customs) was set up in 1964. “A holistic restructuring of the organisation is needed to make it more lean and adaptive to changing times and taxpayer needs,” the official told PTI. An email sent to CBIC seeking comments on the story did not elicit a response. The official further said the organisation restructuring that is being thought about will be different than the cadre restructuring which takes place at regular intervals. The CBIC is headed by a chairman and has six members in the board.

Source: Economic Times August 07, 2023 12:26 UTC