BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as chairman of the Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes?
A
Nripendra Misra
B
Pranab Kumar Das
C
Snehlata Shrivastava
D
Hasmukh Adhia
Explanation: 

Detailed explanation-1: -S Ramesh has been appointed as the new chairman of Central Board of Indirect taxes and Customs (CBIC). He will succeed Vanaja N. Sarna on July 1. The CBIC is the apex body for administering the levy and collection of indirect taxes of the Union of India viz.

Detailed explanation-2: -The Excise Inspector comes under the Central Board of Indirect Taxation and Customs (CBIC) and the Income Tax Inspector comes under the Central Board of Direct Taxation (CBDT). But both posts are under the revenue department of the Ministry of Finance.

Detailed explanation-3: -Shri B.N. Banerji was the first Chairman of the Central Board of Excise and Customs (CBEC), now the Central Board of Indiret Taxes and Customs (CBIC)-1964-67.

There is 1 question to complete.