The Central Board of Indirect Taxes and Customs ( CBIC ) has constituted three Working Groups to study and recommend measures to facilitate trade, promote exports and improve compliance.
The Working Groups will focus on:-
The groups will consult the stakeholders extensively, including the Export Promotion Councils and relevant wings of the Ministry of Commerce and industry.
The Groups will submit their report within a period of two months.
“The recommendations of the Groups, which will be taken-up for the implementation on priority, would further enhance the ease of doing business and export competitiveness. CBIC will be using advanced data analytics tools for augmenting revenue and curbing frauds”, said Pranab Kumar Das, Chairman, Central Board of Indirect Taxes and Customs.