TNPSC Thervupettagam

Central Excise Day 2024 - February 24

February 28 , 2024 142 days 272 0
  • The day commemorates the establishment of the Central Excise and Salt Act, which came into effect in 1944.
  • This day, also honour the contributions of the Central Board of Indirect Taxes and Customs (CBIC) to the Indian economy.
  • The Act was a combination of 11 Acts concerning excise duties and was passed to make changes in the law related to salt and central duties.
  • Later, in 1966, the name of this Act was changed to The Central Excise Act, 1944.

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