Name the project, that was approved by CCEA that will help in integrating system of Central Board of Excise and Customs with the GST network before the roll out in April 2017.

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	SADEMT
B	MTREWS
C	BGRTSE
D	SAKSHAM

Explanation:

Detailed explanation-1: -The Cabinet Committee on Economic Affairs approved the integration of the GSTN under the Central Board of Excise and Customs (CBEC) to roll out the goods and services tax (GST) in a better way. The 2, 256 crores worth of Project Saksham will be incurred for a period of seven years.

Detailed explanation-2: -Project Saksham was launched in 2017 by the Ministry of Health in order to improve information exchange procedures in taxation systems. It Extends the Indian Customs Single Window Interface to Facilitate Trade (SWIFT) and Implements the Goods and Services Tax (GST) It will strengthen the Digital India Initiative.

Detailed explanation-3: -The Project SAKSHAM is a New Indirect Tax Network (Systems Integration) of the Central Board of Excise and Customs (CBEC). It seeks to bolster the information technology network for the new Goods and Services Tax (GST) ..

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