CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the full form of CBIC?
A
Central Board of Indirect Taxes and Customs
B
Central Bureau of Indirect Taxing and Customs
C
Central Body of Initial Taxes and Customs
D
Central Board of Immediate Taxes and Customs
Explanation: 

Detailed explanation-1: -Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance is responsible for formulation of policy relating to levy and collection of Indirect taxes namely, Customs duty, Central Excise duty Central Goods and Service tax.

Detailed explanation-2: -Central Board of Excise & Customs Inspector Salary FAQs Average Central Board of Excise & Customs Inspector salary in India is ₹ 8.9 Lakhs for experience between 3 years to 10 years. Inspector salary at Central Board of Excise & Customs India ranges between ₹ 7.2 Lakhs to ₹ 11.0 Lakhs.

Detailed explanation-3: -It exercises control in respect of matters relating to all the Direct and Indirect Union Taxes through two statutory Boards namely, the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC).

There is 1 question to complete.