Central Border Products Day is celebrated every year on 24 February in the country. The purpose behind celebrating this day is to honor the contribution of the Central Excise and Custom Board of India to the economy. Apart from this, this day is also celebrated to honor the hard work done by the officers of the institute.
The purpose of celebrating this day is also to inform the people of the country the importance of the Central Board of Excise and Customs. Many programs are organized by the board on this day, including seminars, workshops, educational and cultural programs, awareness programs, competitions and award ceremonies.
Central Excise Day is observed every year on 24 February as the Central Excise and Salt Act was enacted on 24 February 1944. Explain that the Central Board of Customs and Excise comes under the Revenue Department of the Union Ministry of Finance and is a kind of indirect tax.
Board officials are honored
On the day of ‘Central Excise Day’, services rendered by the Central Board of Excise and Customs (CBEC), and the officers associated with them, are honored. This day is celebrated to perform duties with all their sincerity and to encourage them in future. Officers and employees associated with this department investigate corruption in the goods of the manufacturing sector every year.
Every year Central Excise Day is also celebrated on 24 February 1944 as a commemoration of the enactment of the Central Excise and Salt Act.
Central Board of Excise and Customs
The Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Union Ministry of Finance.
CBCE is a part of policy formulation and collection of customs and central excise and service tax.
It also covers matters related to customs, central excise, service tax and drug trafficking etc.
The Board is the administrative authority for its subordinate organizations, including Custom House, Central Excise and Service Tax Commissioners and Central Revenue Control Laboratory.