<h1>CBIC Invites Feedback on Draft Central Excise Bill 2024 to Modernize Law and Boost Business; Deadline June 26, 2024.</h1> The Central Board of Indirect Taxes and Customs (CBIC) is seeking feedback from stakeholders on the draft Central Excise Bill, 2024, by June 26, 2024. This new bill aims to replace the Central Excise Act of 1944, focusing on modernizing central excise law and enhancing business ease. The draft includes twelve chapters, 114 sections, and two schedules. Stakeholders are invited to submit their suggestions in a specified format via email. The draft is available on the CBIC website as part of the pre-legislative consultative process.