GENERAL KNOWLEDGE

Detailed explanation-1: -Central Excise Day is observed in India on February 24 every year to commemorate the establishment of the Central Excise and Salt Act in 1944. The act was enacted to regulate the manufacture and production of salt and excise duty on various goods produced or manufactured in India.

Detailed explanation-2: -Why is Central Excise Day observed? The day honours the contribution of the Central Board of Indirect Taxes and Customs (CBIC) to the country and the officers associated with it and its services. The day also encourages the officers to carry out their duties with utmost sincerity.

Detailed explanation-3: -Central Excise Day is celebrated on 24th February every year to honour the efforts of the Central Board of Indirect Taxes and Customs (CBIC). This day is about acknowledging the work of the CBEC members and motivating them to perform their duties with greater efficiency.