CBIC working groups to boost exports

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  1. The Central Board of Indirect taxes(CBIC) has set up three working groups to suggest ways to facilitate exports, especially through e-commerce, and improve compliance by way of curbing tax evasion.
  2. The working groups will focus on (a) improving the legislative structure of customs tariff and update it to suit the emerging and future needs of the economy and industry (b) to create a comprehensive export tariff structure to enhance India’s export competitiveness (c)boosting exports through e-commerce (d) addressing trade facilitation barriers faced in India’s export markets and (e) improving the quality of logistics services for exporters.
  3. Central board of Indirect taxes(CBIC) is the nodal national agency responsible for administering Customs, GST, Central Excise, Service Tax & Narcotics in India. It is part of the Department of Revenue under Union Ministry of Finance. It is headquartered in New Delhi.